ADC: I’m not contesting – Dele Momodu disowns VP presidential campaign poster with Atiku

A chieftain of the African Democratic Congress, ADC, Dele Momodu has disowned a presidential campaign poster of him as running mate to Atiku Abubakar.

Momodu described the presidential campaign poster as a joke designed to distract the ADC.

The poster tagged AtiDele 2027 showed Atiku as president while Momodu as running mate.

Reacting, Momodu assured his followers that he’s not running for the presidency.

Posting on X, the former presidential candidate said he would support ADC leaders because they are competent.

He wrote: “Bob Dee, Is this real? When I first received this poster from a friend, I dismissed it as a joke designed to distract us.

“But I’m now being bombarded with a deluge of this unsolicited message.

“As such, I will be most grateful if my friends and party members can do me the honor of ignoring this joke.

“I’m not running for any race again. I’m interested in humbly supporting the coalition of political parties, to work together and oust the incompetent APC government that has viciously thrown our Democracy into apparent chaos.

“There are more than enough leaders in my party, ADC, more competent than me. I will humbly support any of them, when our candidates emerge.”

INEC fixes date for bye-elections, welcomes new national commissioners

The Independent National Electoral Commission, INEC, has fixed Saturday, June 20, 2026, for the conduct of bye-elections in six states of the Federation.

This is also as it formally welcomed a newly sworn-in National Commissioner, Rear Admiral Jamila Malafa (rtd.).

Chairman of the Commission, Prof. Joash Amupitan, SAN, disclosed this on Thursday at a brief ceremony held at the INEC Headquarters in Abuja to receive the new National Commissioner.

He said the bye-elections will be conducted alongside the Ekiti State Governorship Election scheduled for the same date.

According to him, the elections will cover senatorial vacancies in Enugu, Nasarawa, Rivers and Ondo States, as well as a State House of Assembly seat in Kebbi State and a House of Representatives seat in Kano State.

“We are going into some off-cycle elections very soon. The Ekiti State Governorship Election is scheduled for June 20, 2026. On the same date, the Commission will conduct bye-elections to fill vacant seats,” the INEC Chairman said.

“The senatorial seats declared vacant in Enugu, Nasarawa, Rivers and Ondo States will be filled, alongside the Kebbi State House of Assembly seat and the House of Representatives seat in Kano State,” he added.

Speaking on the appointment of the new National Commissioner, Prof. Amupitan described Rear Admiral Malafa (rtd.) as a seasoned professional with extensive experience spanning military service and electoral operations.

He noted that she had previously worked with the Commission in the area of logistics and served as Director of Legal Services in the Nigerian Navy, bringing a wealth of administrative and legal expertise to her new role.

The Chairman reiterated the Commission’s commitment to its constitutional mandate.

“Our responsibility is clear. We are committed to conducting elections into the offices of the President, National Assembly, Governors, State Houses of Assembly and Area Councils in a credible and transparent manner,” he said.

In her remarks, the newly sworn-in National Commissioner expressed appreciation for the reception accorded her and pledged to contribute meaningfully to the Commission’s work.

“I’m glad to be here and I thank you for the warm reception. I look forward to working with everyone for the development and stability of our country, and for the success of forthcoming elections,” she said.

The event was attended by National Commissioners, the Secretary to the Commission, the Director-General of The Electoral Institute (TEI), senior officials of the Commission, and family members of the new National Commissioner.

One transaction can ruin your business – EFCC warns fintech CEOs

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has cautioned financial technology companies across Nigeria to stay alert and protect their platforms from fraudsters.

He gave the warning in Abuja on Thursday, April 30, 2026, while addressing chief executive officers of fintech firms at an industry engagement meeting held at the commission’s corporate headquarters.

Olukoyede, while commending the executives for expanding financial access and driving innovation across the country, warned that the same opportunities have also been exploited by criminals to carry out fraudulent activities.

“The opportunities you have created have also given criminals the opportunity to perpetrate crimes, and over the years, we have discovered that there is a need for us to meet from time to time, even in the interest of your business. We will also tell you the things that we are privy to in respect of your operations and services that we think criminals are actually exploiting and how to block those spaces and strengthen the regulatory regime around the business you do,” he said.

The EFCC boss stressed the need for closer cooperation between the Commission and fintech operators, urging them to build a strong working relationship through information sharing.

He also advised the companies to protect their reputation, noting that trust remains their most valuable asset.

“It has taken some of you years to get to where you are, and I tell you, one mishandled transaction can destroy what you have built over ten years. You must be conscious of your reputation; that is the most valuable thing you need to grow in a business, not even the money. Once a reputation is damaged, you can hardly get it back. We want to collaborate with you, work with you, and that is one of the ways to fulfil our own mandate,” he said.

Olukoyede further urged stakeholders in the sector to work together to strengthen regulations and protect the economy from threats such as insecurity.

He specifically warned fintech firms to tighten their systems against terrorism financing by complying with existing rules on reporting suspicious transactions.

“We have been complaining about insecurity in Nigeria. Of course, we are also vested with the power to investigate terrorism financing, and one of the areas we have seen that these people exploit is your space. We think it is high time we did something about that. People pay ransom, and we discover that most times they collect the ransom through POS, so what can we do to tidy up this loose end, whether by virtue of doing your KYC or coming up with other ideas?” he said.

‘Emulate Kaduna, live in peace’ – First Lady counsels Nigerians

The First Lady of Nigeria, Senator Oluremi Tinubu, has advised Nigerians to study Kaduna State’s example of peaceful coexistence across faith lines and ethnicity.

Senator Tinubu gave the commendation during the flagging off ceremony for the distribution of 100 trucks of rice and N1.2 billion palliative support to vulnerable Muslim communities in the 19 northern states and the Federal Capital Territory on Thursday.

Speaking at the event which took place at the Abba Kyari banquet hall, the First Lady noted that the gesture ‘’of solidarity to appreciate the Muslim Ummah of northern Nigeria. ‘’

‘’As we approach Eid el-Kabir, a season of sacrifice, compassion, and gratitude, through this intervention, we are translating the message of the season into palliatives for vulnerable Muslim communities across all 19 Northern States and the Federal Capital Territory,’’ she added.

Senator Tinubu recalled that ‘’on the 23rd December, 2025, we distributed palliatives to Christian communities across northern Nigeria. Today, we fulfil the same commitment to our Muslim brothers and sisters.’’

The First Lady appealed to all communities across the North to continue to live together in love and with mutual respect.

‘’I urge all our religious and community leaders to continue to shoulder the responsibility of preaching the message of peace. A united Nigeria is one that can overcome any challenge,’’ she added.

Senator Tinubu thanked all the Ulamas, traditional and community leaders for their prayers and support for this administration, adding that ‘’I applaud the Special Adviser to the President on Political Affairs, Alhaji Ibrahim Kabir Masari for his passion and dedication, and his entire team for coordinating this programme. ‘’

In his goodwill message, Governor Uba Sani paid tributes to the First Lady for her unwavering dedication to the welfare of the vulnerable which continues to inspire hope.

‘’Through your actions, you have demonstrated that true leadership is not merely about occupying high office, but about translating compassion into tangible impact,’’ he added.

The Governor recalled Senator Tinubu’s similar intervention late last year, when she reached out to Christian families across Northern Nigeria, by distributing Christmas packages.

‘’That noble gesture, much like the initiative we are witnessing Today, was far more than seasonal charity; it was a powerful expression of unity, inclusiveness, and shared humanity,’’ he noted

According to the Governor, the gesture ‘’conveyed a reassuring message that every Nigerian matters, regardless of faith, ethnicity, or social circumstance.’’

He argued that through the First Lady’s sustained philanthropy, she has elevated the standard of humanitarian service, adding that ‘’your interventions are thoughtful, inclusive, and deeply impactful, consistently reaching those at the margins of society.’’

‘’What makes your efforts particularly remarkable is their inclusiveness. Though Today’s programme is facilitated in
collaboration with the Muslim Intellectuals Forum, your compassion transcends all boundaries.

‘’Across Nigeria, both Muslims and Christians, as well as citizens from diverse ethnic and social backgrounds, have benefited from your generosity. In doing so, you embody the finest ideals of our nation: unity, mutual respect, and a shared commitment to the common good,’’ he added.

Governor Uba Sani also reiterated that ‘’in Kaduna State, we remain resolute in our commitment to alleviating hardship and improving the wellbeing of our people.’’

‘’Through targeted social intervention, support for small and medium enterprises, youth empowerment initiatives, agricultural development, and sustained investment in security, we are working diligently to cushion the effects of economic reforms and enhance the quality of life for our citizens,’’ he added.

Poor early childhood education threatening education in North West – UNICEF

The United Nations Children’s Fund (UNICEF) has warned that low access to Early Childhood Education (ECE) across Northwest Nigeria is posing a serious threat to education outcomes in the region.

Dr. Karanveer Singh, Officer-in-Charge of UNICEF’s Kano Field Office, disclosed this while speaking at a media dialogue on strengthening early childhood education in Jigawa, Kano, and Katsina, held in Dutse.

He revealed that only about 24 per cent of children in Jigawa State have access to ECE, while Kano has 29 per cent and Katsina 32 per cent.

Dr. Singh described the situation as alarming, saying that the majority of children in the region are missing the critical early learning phase that shapes cognitive, social, and emotional development.

According to him, children who lack access to quality early education are more likely to start primary school behind their peers and struggle to catch up, a factor contributing to the region’s growing out-of-school children crisis.

He further disclosed that foundational literacy levels in some parts of the region remain below 15 per cent, indicating that many children are unable to read at even the most basic level.

He linked this to limited parental awareness, a shortage of trained teachers, poor infrastructure, and inadequate learning materials, which continue to hinder the expansion of early childhood education.

The UNICEF official, however, stressed that the challenges are surmountable with stronger commitment and investment from state governments.

He called on the authorities in Kano, Katsina, and Jigawa to prioritise early childhood education through increased funding, recruitment of qualified caregivers, and the expansion of child-friendly learning spaces.

UNICEF Education Specialist, Mustapha Shehu, said available data from MICS 2022 shows that, in Nigeria, only 37.8 per cent of children between the ages of three and four have access to early childhood education.

“Large inequalities persist, with 75 per cent of children aged 36 to 59 months in the richest wealth quintile attending early childhood education, while only 11 per cent of those in the lowest wealth quintile do,” he said.

Dr. Sunday Jacob, an education consultant, said Nigeria has 18.3 million out-of-school children, with Jigawa, Kano, and Katsina accounting for 30 per cent of the figure.

He said investing in early childhood education is fundamental to reducing the number of out-of-school children, as it contributes to 90 per cent of brain development.

He advised the states to create dedicated budget lines for early childhood education.

Responding, the Commissioners for Basic Education in Kano, Katsina, and Jigawa pledged to ensure adequate budgetary provisions for early childhood education and the timely release of funds for the development of their respective states and the country at large.

Your uniform not a licence to kill, IG tells policemen

The Inspector-General of Police, Olatunji Disu, has warned 1,068 retrained constables to desist from acts of professional recklessness, stressing that their uniform is not a shield from justice.

Disu gave the warning in his keynote address during the passing-out parade of retrained police constables at the Police Mobile Force Base, 26 PMF, Uyo, Akwa Ibom State on Thursday, stating that the era of impunity is over.

He said any officer caught misusing a weapon or killing without lawful justification would be dismissed or prosecuted.

“Impunity ends now. Any officer who misuses his weapon, who kills a citizen without lawful justification, will be dismissed and prosecuted. Not transferred. Not queried. Not redeployed. No badge is a license to kill. No uniform is a shield from justice,” he said.

The IGP noted that an unskilled officer with a gun is a danger to the public, while a skilled and disciplined officer is a true guardian of the people.

He commended the Akwa Ibom Command for pioneering the comprehensive retraining of female police officers in arms handling last year, noting that gender is not a barrier to competence.

He reminded officers that Force Order 237 remains binding, stressing that firearms should only be used as a last resort, proportionately, and strictly within the bounds of the law.

The IGP further warned against extortion, reporting for duty under the influence of alcohol, and the reckless use of firearms, adding that any officer found violating the order would face summary dismissal and criminal prosecution.

Disu charged the newly retrained constables to carry their weapons with pride but restraint, wear their uniforms with dignity, and treat citizens with respect.

Earlier, the Commissioner of Police, Akwa Ibom Command, CP Baba Azare, disclosed that the retrained personnel include a specially selected cohort for the newly established Violent Crime Response Unit, created in line with the IGP’s directive to serve as a strategic strike force against violent crimes across the state.

He highlighted key operational successes recorded by the command, including the safe evacuation of explosive devices at the Ikot Ekpene custodial centre and the rescue of kidnapped victims along the Calabar–Oron waterways through inter-agency collaboration.

He reaffirmed the command’s commitment to community policing and urged residents of Akwa Ibom to continue partnering with the police by providing timely and credible information.

FCMB, BHM champion alternative media revenue streams

First City Monument Bank and BHM have led a renewed push for alternative revenue models in Nigeria’s media industry amid declining traditional advertising income.

The organisations hosted the pilot edition of The Monetised Content Masterclass on 20 April in Lagos, bringing together reporters, content creators and editors to address growing concerns over the sustainability of newsrooms and media platforms.

The session comes as traditional advertising revenues continue to decline for publishers, even as Nigeria’s entertainment and digital media market expands and is projected to hit $4.9bn by 2026.

Participants at the masterclass examined practical strategies for diversifying income streams, strengthening financial resilience and sustaining editorial independence.

They explored opportunities beyond advertising, including brand partnerships, digital content monetisation and audience-led revenue models, during panel discussions, question-and-answer sessions and peer exchanges.

The Divisional Head, Corporate Affairs, FCMB Group, Diran Olojo, said, “Traditional models are under pressure, and attention is more fragmented than ever. The focus now is on building structured, sustainable platforms that can deliver both impact and long-term value.”

Also, the Chief Executive Officer and Founder of BHM, Ayeni Adekunle, said, “The economics of media have changed. For journalism to remain independent, it must also become financially resilient. That shift requires new thinking and deliberate action.”

The session, moderated by the Founder and Chief Executive Officer of Big Tech This Week, Fatu Ogwuche, featured notable speakers, including investigative journalist Fisayo Soyombo, storyteller and producer Chris Ihidero, executive and storytelling expert Jennifer Mairo, and digital media entrepreneur Peter Oluka.

The organisers said the initiative reflects a shared commitment by FCMB and BHM to strengthen the long-term sustainability of Nigeria’s media ecosystem through capacity building and industry collaboration.

Investors gain N3.2tn as bulls dominate NGX

NGX-750×375Investors gained N3.26tn at the close of trading on Thursday as the Nigerian equities market extended its bullish run, driven by sustained buying interest in large-cap and consumer-linked stocks.

Market capitalisation, which represents the total value of listed shares, opened the session at N152.728tn and rose significantly to close at N155.994tn, reflecting a robust renewal of investor appetite. This upward momentum was further mirrored in the All-Share Index, which advanced from an opening of 237,205.59 to close at 242,277.81.

The day’s performance was characterised by positive market breadth, with 46 gainers emerging against 40 losers, highlighting the dominance of the bulls across several key sectors.

Leading the pack of gainers were major blue-chip companies, including CAP, FTN Cocoa, UACN, Unilever, and Seplat, all of which appreciated by the maximum daily limit of 10.00 per cent. Specifically, Seplat recorded a massive rally to close at N11,495.00, while Unilever and UACN climbed to N137.50 and N181.50, respectively.

Conversely, the market recorded some laggards led by Alex, which declined by 9.95 per cent to close at N9.50, followed by Royal Exchange and Legend Identity, which shed 9.93 per cent and 9.32 per cent, respectively.

Other stocks, such as Austin Laz and Neimeth, also featured on the losers’ chart as some investors engaged in profit-taking to moderate the general market advance.

Meanwhile, heavyweight counters like Dangote Cement, Julius Berger, and Custodian Investment remained flat, closing the session with no price change.

Investor sentiment remained broadly positive throughout the day as market participants strategically positioned themselves ahead of upcoming corporate disclosures and anticipated macroeconomic shifts.

The strong demand for select large-cap stocks suggests a high level of confidence in the market’s near-term trajectory. Financial analysts noted that the current surge in valuation is a testament to the resilience of the market, which continues to provide significant returns for investors despite selective selling in mid-cap categories.

NNPC completes OB3 pipeline crossing River Niger

NNPC LimitedThe Nigerian National Petroleum Company Limited has completed the long-anticipated River Niger crossing of the Obiafu-Obrikom-Oben gas pipeline, unlocking a key segment of the country’s gas transmission network and paving the way for increased supply to power plants and industries.

The feat, delivered by the NNPC Gas Infrastructure Company, a subsidiary of NNPC Ltd, involved drilling approximately two kilometres beneath the River Niger using advanced horizontal directional drilling technology, a method reserved for complex engineering terrains.

Announcing the development in a statement on Thursday, the Chief Corporate Communications Officer of NNPC Ltd, Andy Odeh, said the milestone effectively activates the full capacity of the 130-kilometre OB3 pipeline, which is designed to transport up to two billion standard cubic feet of gas per day.

The statement read, “The NNPC Gas Infrastructure Company, a wholly owned subsidiary of NNPC Limited, has successfully completed the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben Gas Pipeline, marking a major milestone in the expansion of Nigeria’s national gas transmission network.

“The successful crossing unlocks the full potential of the OB3 Pipeline, a strategic infrastructure designed to transport up to 2 billion standard cubic feet of gas per day, significantly strengthening energy availability, enhancing supply reliability, and accelerating national economic development.”

The firm noted that the completion would, in the near term, unlock over 500 million standard cubic feet of additional gas supply for the domestic market, with implications for electricity generation, manufacturing, and exports.

The Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, described the crossing as a turning point for Nigeria’s gas infrastructure drive.

He said, “The completion of the OB3 River Niger Crossing is a defining milestone for Nigeria’s gas infrastructure and a clear demonstration of what disciplined execution and sustained commitment to excellence can deliver.

“By successfully traversing one of the most technically challenging sections of the project, we have unlocked a critical link that will enhance gas supply reliability, deepen domestic utilisation, and support power generation and industrial growth across the country.”

Ojulari explained that the achievement was built on recent engineering successes, particularly the earlier River Niger crossing on the Ajaokuta-Kaduna-Kano pipeline project, completed in 2025.

“This achievement is not incidental. It is the result of deliberately leveraging and upscaling our AKK engineering and execution excellence through rigorous project governance, innovative engineering solutions, adaptive problem-solving, and the unwavering commitment of our teams and PCE Nig. Limited,” he said.

He added, “The OB3 Pipeline is central to our ambition of building an integrated and resilient gas network that underpins Nigeria’s energy security and economic development. I commend everyone involved for their doggedness and for staying the course to deliver this strategic national asset.”

The NNPC boss also linked the development to the Federal Government’s broader energy targets, including plans to raise crude oil production to three million barrels per day and gas output to 12 billion standard cubic feet per day by 2030.

According to him, “The successful River Niger Crossing ensures that Nigeria’s gas-producing regions are now physically interconnected with the rest of the country, a critical requirement for achieving our long-term production and supply aspirations.”

He further acknowledged the role of the Federal Government and other stakeholders in delivering the project. “We sincerely appreciate the continued support of the Federal Government under the leadership of President Bola Ahmed Tinubu, whose Gas-to-Prosperity agenda and commitment to a conducive business environment have been instrumental in making this achievement possible.

“NNPC Limited could also not have achieved this feat without the trust and guidance of its Board of Directors,” he added.

Ojulari reaffirmed the company’s commitment to expanding energy access and economic growth. “At NNPC Limited, we remain fully committed to translating Nigeria’s oil and gas resources into a better standard of living for all citizens. We will continue to collaborate with our partners to deliver projects that expand energy availability, stimulate industrialisation, and improve the overall well-being of Nigerians,” he said.

He also commended host communities, project contractors, and staff of the gas infrastructure company for their persistence in overcoming technical and environmental challenges.

The OB3 pipeline is regarded as a backbone project in Nigeria’s gas master plan, linking eastern gas fields to western demand centres and further connecting to the northern corridor through the AKK pipeline.

For years, the OB3 pipeline faced delays, particularly at the River Niger crossing, widely considered the most difficult segment due to geological and environmental constraints in the Niger Delta region.

The inability to complete the crossing had limited gas flow between eastern supply hubs and western industrial markets, contributing to supply bottlenecks and underutilisation of installed power generation capacity.

Dangote refinery recalls engineers after union face-off

DANGOTE REFINERYAfter months of blackouts, President Bola Tinubu has begun a fresh restructuring of Nigeria’s power sector with the nomination of a new minister of power and the appointment of a special adviser to head a presidential task force on sector reforms.

In a move aimed at accelerating reforms in the electricity value chain, the President nominated Mr Joseph Tegbe as Minister of Power, subject to Senate confirmation, while also appointing a former power minister, Mr Lanre Babalola, as Special Adviser on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration.

The developments were contained in separate State House press releases issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.

According to the presidency, Tegbe’s nomination follows the resignation of the former Minister of Power, Adebayo Adelabu, who stepped down to pursue his governorship ambition in Oyo State.

Tegbe, another indigene of Oyo State, is described by the presidency as a fiscal and economic reform expert with more than 35 years of experience across both the public and private sectors.

He was said to have previously served as senior partner and head of advisory services at KPMG Africa, where he led assignments in fiscal policy reform, governance restructuring, institutional transformation, and investment advisory.

 

He has also worked closely with government institutions and private sector operators on regulatory frameworks and strategic reforms.

At present, he serves as Director-General and Global Liaison for the Nigeria-China Strategic Partnership, where he coordinates bilateral development cooperation between Nigeria and China, particularly in line with the Forum on China-Africa Cooperation objectives.

The presidency also noted that Tegbe has had significant engagement within the power sector, especially in areas relating to regulatory and institutional reforms involving agencies such as the Nigerian Electricity Regulatory Commission and the Nigerian Bulk Electricity Trading Company.

His nomination, according to the statement, is expected to strengthen ongoing efforts to stabilise the national grid, improve sector efficiency, and attract long-term investment into the electricity value chain.

“The President expects the Minister-Designate, upon confirmation, to bring his extensive expertise to bear to advance critical reforms and deliver improved outcomes for Nigerians in the power sector,” Onanuga stated.

In a separate development, Tinubu appointed Babalola as his Special Adviser on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration.

Babalola, a former minister of power, is returning to a sector he once supervised, with the presidency describing him as bringing deep sectoral expertise and a proven understanding of the structural and operational challenges within the electricity value chain.

“Mr Babalola, a former minister for power, brings deep sectoral expertise and a proven understanding of the structural and operational challenges within the electricity value chain. His appointment underscores the President’s determination to undertake a decisive and results-driven reset of Nigeria’s power sector,” the statement said.

The presidency also announced a redesignation within the energy governance structure, stating that the Office of the Special Adviser (Energy), currently held by Olu Verheijen, has been renamed Special Adviser (Oil & Gas) in a move aimed at clarifying roles and reducing duplication of responsibilities.

“The President has also redesignated the Office of the Special Adviser (Energy) as the Special Adviser (Oil & Gas) to clarify roles and avoid duplication of functions within the energy governance framework,” Onanuga said.

According to the statement, the newly created task force will serve as a high-level delivery platform with a direct presidential mandate to drive urgent reforms across the electricity sector.

Its responsibilities include resetting the structure of the power sector, enforcing a ‘performance before expansion’ framework, reducing technical, commercial, and collection losses, and strengthening tariff discipline and cost recovery mechanisms.

The task force is also expected to improve revenue assurance, restore grid discipline, enhance market efficiency, promote productive electricity usage across key sectors, and develop electricity growth zones aimed at boosting industrial demand.

Onanuga added that it will further focus on reducing fiscal exposure to the power sector and is expected to deliver a 90-day implementation blueprint for immediate reforms.