NDLEA unveils new drug control plan to tackle abuse, close gaps

The Chairman of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa, rtd, says Nigeria’s new National Drug Control Master Plan, NDCMP, 2026-2030 will strengthen efforts to combat drug abuse and trafficking across the country.

He made the remark at the agency’s national headquarters in Abuja while receiving the final evaluation report on the 2021-2025 drug control strategy.

Marwa said the new plan was designed to improve existing measures and address identified gaps in drug control operations.

According to him, “the National Drug Control Master Plan 2026-2030 will strengthen Nigeria’s ongoing drug control efforts,” particularly in areas affecting public health and national security.

He spoke after reviewing the performance of the NDCMP 2021-2025, which assessed the country’s response to drug-related challenges over the past five years.

The NDLEA chairman commended the evaluation team, praising “the team of consultants who worked on the evaluation of the implementation of the NDCMP 2021-2025 for doing an excellent work.”

The agency noted that findings from the assessment would guide strategies in the new policy framework. Marwa assured that “when fully implemented, the NDCMP 2026-2030 will bridge gaps in the area of drug demand reduction in Nigeria,” highlighting efforts to reduce substance abuse and strengthen prevention programmes.

The development reflects ongoing government efforts to review national drug policies and improve enforcement and rehabilitation systems.

Authorities say the new plan aims to enhance coordination among stakeholders and improve Nigeria’s overall response to drug-related challenges.

Lagos announces total closure of Lekki–Ajah Expressway for rehabilitation

Lagos State Government has announced a full closure of the Epe-bound carriageway of the Lekki–Ajah Expressway, stretching from Admiralty Way Junction to Jubilee Bridge in Ajah, to allow for extensive rehabilitation works along the corridor.

The development was confirmed in a statement released on Thursday by the state Ministry of Transportation and signed by the Commissioner for Transportation, Oluwaseun Osiyemi.

According to the statement, the total closure is intended to enable uninterrupted construction activities across key intersections along the route. During the period, traffic flow will be temporarily redirected to the Lagos-bound carriageway under a structured lane-sharing arrangement.

The government explained that between 5:00 a.m. and 10:00 a.m., two lanes will be allocated to Lagos-bound traffic while one lane will accommodate vehicles heading toward Epe. Conversely, from 3:00 p.m. to 3:00 a.m., two lanes will be dedicated to Epe-bound traffic, with one lane reserved for Lagos-bound movement.

Motorists were advised to consider the Lagos–Calabar Coastal Road as an alternative route where practicable.

To ensure smooth traffic operations, the government said officers of the Lagos State Traffic Management Authority, LASTMA, and other traffic personnel will be strategically positioned along the corridor, while tow trucks will remain on standby to promptly handle vehicle breakdowns and emergencies.

The statement also noted that night-time operations will involve partial closures and restricted movement at several intersections, including Admiralty Way, Maruwa, Freedom Way, Chisco, Jakande, Igbo-Efon, Chevron, Lekki Conservation Toll Plaza to VGC, and the VGC to Jubilee Bridge axis.

It added that all intersections along the route will be completely shut for up to eight hours at night during asphalt-laying activities to ensure safety and construction quality.

Rehabilitation works on the Epe-bound carriageway will be executed in phases, covering sections from Admiralty Way Junction through Maruwa, Freedom Way, Chisco, Jakande, Igbo-Efon, Chevron, Lekki Conservation Toll Plaza, VGC U-Turn, and terminating at Jubilee Bridge in Ajah. Similar phased repairs are also planned for sections of the Lagos-bound carriageway.

The government explained that the new traffic arrangement follows the successful completion of the Chevron-to-Admiralty segment on the Lagos-bound side and is aimed at sustaining progress on the Epe-bound axis.

Residents and road users were urged to cooperate with traffic officials, comply with diversion signs, and plan their movements accordingly, with assurances that regular updates would be provided as work progresses.

Lafarge Africa’s dividend surges fivefold to N96.6bn

Lafarge AfricaLafarge Africa Plc has proposed a sharp increase in dividend payout to shareholders for the 2025 financial year, as the board of directors recommended a gross dividend of 600 kobo per ordinary share, five times higher than the 120 kobo paid in 2024.

According to the annual reports filed with the Nigerian Exchange Limited, this proposed total dividend payout for 2025 stood at about N96.65bn compared with N19.33bn a year earlier.

The final dividend of 600 kobo per unit of 50 kobo ordinary share will be paid to shareholders whose names are in the Register of Members as at the close of business on Friday, 3 April 2026.

The PUNCH reports that the proposed dividend remains subject to approval by shareholders at the company’s forthcoming Annual General Meeting scheduled for 30 April 2026.

The sharp rise in the dividend payout had been powered by net sales for FY 2025, which went up 53 per cent to N1.07tn from N696.76bn, supported by volume growth, enhanced plant stability, and improved distribution efficiency. Operating Profit rose 103 per cent to N392bn, reflecting strong top-line momentum and continued execution on cost and efficiency initiatives.

Profit After Tax appreciated 173 per cent to N27bn; underpinned by volume-led revenue growth and cost optimisation across operations.

Commenting on the results, Lafarge Africa Chief Executive Officer Lolu Alade-Akinyemi said the full-year 2025 results were a testament to the effectiveness of the group’s four-point strategy, disciplined execution, and relentless focus on value creation.

“Reaching the N1tn net sales threshold, a 53 per cent year-on-year increase, marks a historic turning point for our company. With a 103 per cent surge in operating profit to N392 bn and margins widening to 37 per cent, we have demonstrated exceptional operating excellence. This 173 per cent growth in Profit After Tax is the direct result of our focus on plant reliability, operational efficiency, and commitment to shareholder value,” he said.

Looking ahead, Alade-Akinyemi added that with Huaxin’s (Huaxin Building Materials Group Co., Ltd. is an international investor holding Lafarge Africa’s shares) collaboration and industrial expertise, “we are excited about the year 2026 and the opportunities ahead. We maintain a prudent and agile approach to capital allocation and cost management while positioning the business to capitalise on emerging market opportunities. Our resilience, operational scale, and strategic clarity provide a strong foundation for sustainable growth and enhanced shareholder value.

“I appreciate the continued trust of our employees, customers, stakeholders, and investors, whose partnership reinforces our commitment to delivering resilient performance and superior value creation.”

The PUNCH reports that Holcim, the previous majority shareholder, announced on 1 December 2024 that it had signed an agreement to sell its entire 83.81 per cent stake in Lafarge Africa Plc to Huaxin Building Materials Group Co., Ltd. The transaction was approved by the Federal Competition and Consumer Protection Commission on 25 July 2025.

Seplat posts 144% revenue growth to $2.73bn

The revenue of Seplat Energy Plc for the 2025 financial year surged 144.2 per cent to $2.73bn (N4.14tn) compared to $1.12bn (N1.65tn) in 2024, reflecting what the company called a full year of contribution from its offshore assets.

This was disclosed in its audited results for the year ended 31 December 2025, filed with the Nigerian Exchange Limited on Thursday.

The PUNCH reports that Seplat Energy Plc is an independent energy company listed on the Nigerian Exchange and the London Stock Exchange.

In the year under review, cash generated from operations stood at $1.17bn, up 276 per cent. Cash capex was $266.8bn. At the end of the year, the balance sheet remained robust, with net debt of $673.3m, down 25 per cent year-on-year from $897.8m. In returns to shareholders, the declared dividend for the fourth quarter was 8.3 cents per share, up 11 per cent quarter-on-quarter and 20 per cent YoY, consisting of 5.0c and 3.3c as special dividends. The total dividend declared for 2025 stood at 25.0c per share, equivalent to $150m and a 52 per cent increase on 2024.

On the operational front, the group production averaged 131,506 boepd (barrels of Oil Equivalent Per Day), up 148 per cent from 2024 (52,947 boepd), reflecting the first full year of offshore consolidation and within revised guidance. Onshore delivered 14 per cent production growth YoY, supported by the completion of the Sapele Gas Plant and new well inventory. The ANOH gas plant achieved its first gas in January 2026; production is stable at 50-70 MMscfd, with ~60 kbbl of condensate currently in storage. The group recorded only one Lost Time Injury on its operated assets in 2025 and has been at 11.4 million hours without LTI since September (2024: 11.0 million hours).

On the results, Seplat Energy Chief Executive Officer Roger Brown said, “In 2025, we clearly illustrated our ability to operate at scale. We benefited from the successful execution of several key offshore activities that kick-started life for Seplat as an offshore operator, while at the same time delivering onshore production performance that was the strongest in recent memory.

“At our CMD in September, we laid out our long-term ambition to ‘Build an African Energy Champion’, with a clear roadmap to grow working interest production to 200 kboepd by 2030. In 2025, we delivered the IGE replacement project offshore and the Sapele gas plant onshore. In recent weeks we were delighted to achieve first gas at the ANOH Gas Plant and are on track to double joint venture gas volumes at Oso-BRT to 240 MMscfd in 2H2026. Drilling will be a decisive factor in meeting our long-term growth ambitions, and I am pleased to announce that the first jack-up drilling rig is contracted, in-country and set to arrive at Oso in 3Q to commence a multi-year, multi-well drilling campaign.

“Finally, the cash generative nature of our asset base is clearly evident in our results, and by raising dividends by over 50 per cent to 25 cents per share alongside continued strengthening of our balance sheet and delivery of our work programmes, we are already well positioned to deliver on our planned $1bn cumulative return of capital to shareholders by 2030. Furthermore, the strength of the enlarged group has resulted in a notable lowering of our cost of debt, providing additional scope for long-term value creation.”

MTN Nigeria posts N5.2tn revenue, boosts economy

MTN-new-logo-e1663465256894MTN Nigeria has reaffirmed its position as a critical driver of the non-oil economy, posting a service revenue of N5.2tn in its 2025 audited financial results.

Beyond the impressive top-line growth, the company emphasised that its financial success is deeply intertwined with national development, standing firmly as one of the country’s largest corporate taxpayers and ensuring its profitability supports the Federal Government’s infrastructure and social welfare programmes.

The 2025 financial year, according to a statement from the firm, was described as a remarkable period of recovery and resilience for the company.

The Chief Executive Officer, Dr Karl Toriola, noted that 2025 marked a significant turning point with a return to profitability and a resilient balance sheet, which ultimately supported “accelerated network investment to enhance quality of service and user experience.”

To back up its commitment, MTN revealed that it invested a N1tn in capital expenditure in 2025 for network expansion. This massive CAPEX deployment serves as physical proof of its economic patriotism, ensuring that billions in retained earnings are poured directly back into building base stations, laying fibre optics, and creating thousands of local jobs.

Furthermore, the company’s leadership highlighted that its ability to aggressively fund its CAPEX obligations while navigating economic storms is an indicator that government policies are working.

MTN commended the government for its progressive policies, noting that its primary focus remains on keeping millions of Nigerians connected. This capital-intensive stability serves as an example that companies can indeed return to profitability, survive, and build critical infrastructure in Nigeria.

Consequently, MTN is leveraging its position as the most valuable company on the Nigerian Exchange to encourage local wealth creation.

With millions of direct and indirect Nigerian investors, the company has actively encouraged young Nigerians to bet on the country’s digital future by buying its shares, promising that robust CAPEX strategies will continue to deliver attractive long-term shareholder returns.

Transcorp reports N136bn PAT, up 44%

Indigenous conglomerate Transnational Corporation Plc has reported a 44 per cent rise in its Profit After Tax to N135.9bn compared to N94.1bn in the corresponding period of the previous year.

This was indicated in its audited full-year 2025 results filed with the Nigerian Exchange Limited on Thursday.

The PUNCH reports that Transcorp has investments in the power, hospitality and energy sectors of the economy.

In the period under review, the conglomerate also crossed the N1tn in total assets milestone for the first time in the group’s history. Revenue increased 33 per cent to N544bn compared to N408bn in FY 2024. Profit Before Tax rose 31 per cent to N179.5bn from N136.7bn in 2024. A closer look at the figures indicated that its power subsidiaries’ revenue grew 38 per cent to N483.97bn, driven by enhanced generation capacity and improved gas supply. In the hospitality sector, Transcorp Hotels Plc’s revenue increased 38 per cent to N97.04bn, supported by strong demand across rooms, conferencing, food & beverage, and premium guest experiences.

For the group, shareholders’ funds increased 47 per cent to N353.4bn as total borrowings reduced 15 per cent to N75.5bn, with a gearing ratio of 13 per cent.

In a statement accompanying the audited results released on the NGX, the chairman of Transcorp, Tony Elumelu, said, “Our 2025 results are not just strong; they are decisive. They reflect the power of a deliberately diversified portfolio, disciplined execution, and our unwavering belief in Nigeria’s long-term potential. In power, hospitality and energy, we are building platforms that deliver both commercial returns and social impact. In power, our integrated energy strategy is translating directly into measurable capacity growth and improved reliability.

“Transcorp Power increased available capacity to 625 MW, while TransAfam Power tripled peak generation capacity to 270 MW. These are not incremental gains; they are structural contributions to Nigeria’s energy security and industrial competitiveness. In hospitality, we continue to set the standard for excellence. The Transcorp Centre, Abuja, is redefining Nigeria’s capacity to host global events at scale and positioning our Group to capture significant future growth. We remain focused on one outcome: sustainable, long-term value creation. For our shareholders. For our partners. And for Nigeria’s economic transformation.”

The President/Group Chief Executive Officer, Dr Owen Omogiafo, added, “Transcorp Group’s FY2025 performance reflects disciplined strategy execution and operational excellence across our portfolio. Crossing the N1tn total assets milestone is a defining achievement, a validation of the strength of our platform and the confidence of our investors. With 47 per cent growth in shareholders’ Funds and sustained profitability, we have closed the year with strong momentum.

“Guided by our purpose to ‘improve lives and transform Africa’, we continue to optimise our businesses to deliver superior stakeholder value. We provide investors with structured access to the Nigerian growth story and remain firmly committed to delivering sustainable returns while advancing broader economic development.”

Akpata gives reason some Edo LP members moved to ADC

Former Labour Party governorship candidate in Edo State, Olumide Akpata has disclosed why some members of the Party in the state chose to move to the African Democratic Congress, ADC.

Speaking in an interview on Channels Television’s Politics Today monitored by DAILY POST on Wednesday, Akpata said they moved to support former Anambra State governor, Peter Obi.

It could be recalled that Akpata was formally received into the ADC earlier in the week. During the ceremony, that there was an assassination attempt on Peter Obi and other ADC chieftains.

“I moved to the ADC because I belong to a group who believe that a better Nigeria is possible.We were members of the Labour Party. December 31, 2025, the leader of that group moved to the ADC.

“Those of us in the Edo State Labour Party sat down and decided that the journey to a better Nigeria that we think is possible would be best traveled on this platform to continue to support Peter Obi.

“This is because we recognised that supporting him at the level of the Labour Party will come to nought if we are not able to help him achieve the objective of becoming the presidential candidate of the ADC,” he said.

Wike not APC member but works for Tinubu govt – Ajibola

National Secretary of the All Progressives Congress, Ajibola Basiru, has said the Minister of the Federal Capital Territory, FCT, Nyesom Wike, works for the administration of President Bola Tinubu.

Basiru clarified that although Wike is not a member of the APC, he is working for the APC-led federal government headed by Tinubu.

Featuring on TVC’s Beyond The Headlines, Basiru said the level of infrastructural development witnessed across the Federal Capital Territory over the past two and a half years contributed significantly to the party’s success in the recent FCT local government elections.

He noted that the improvements were evident not only in urban centres but also in suburban communities, describing the minister’s performance as “sterling.”

Basiru added that the minister’s administrative efforts, alongside the party’s strategic engagement and careful selection of candidates with credible political track records across different parties, played a key role in the APC’s electoral victory in the FCT.

He maintained that the effective delivery of democratic dividends under the current FCT administration cannot be separated from the party’s success at the polls.

According to Basiru: “Wike is not a member of our party, but he works for an APC government headed by Tinubu.

“When you see the massive infrastructural development that has occurred in the FCT, not only in the urban areas, but even in the suburbs.

“In the past two and half years, you’ll discover that the sterling performance of the FCT Minister together with the engagement that our party has done and the careful selection of candidates who have the history of a sterling different political parties have contributed to APC’s victory in the FCT local government elections.

“So you can’t discountenance effective administrative deployment of the dividends of democracy in the FCT under the present FCT administration from the success of our party in that election.”

Jigawa Governor, Namadi takes custody of Walida from DSS

Jigawa State Governor, Umar Namadi has taken custody of Walida Abdulhadi Ibrahim, the girl whose disappearance and subsequent recovery sparked controversy,.

Walida had since been held at the Department of State Services (DSS) headquarters in Abuja.
The handover took place late last night in the presence of senior officials from the Jigawa State Government, representatives of civil society organisations, and religious bodies, including the Nigerian Supreme Council of Islamic Affairs (NSCIA) and the International Federation of Women Lawyers (FIDA).

Walida, a native of Hadejia Local Government Area of Jigawa State, was reportedly taken away by a woman identified as Mariam before later resurfacing in Abuja in the company of a DSS agent. Her family had sought legal intervention after efforts to regain custody were unsuccessful. A petition was filed by her uncle at the DSS headquarters in Abuja, and thereafter, the family approached a court in Jigawa State. The court directed that Walida should be released to her parents, but the DSS filed a counter-motion, insisting that they were investigating the matter.

The raging controversy revolved around Walida’s alleged abduction and conversion to Christianity and suspected sexual exploitation of a minor.

Governor Namadi said the state government would assume responsibility for Walida’s welfare and protection while legal proceedings continue to address the circumstances surrounding her disappearance.

“Our major concern is that she was taken away from her home. The matter will be resolved through the courts, and the state government will ensure that justice is done,” he said.

He explained that Walida would remain under government supervision in Abuja for now and would be provided with security and psychosocial support to help her recover.

“Taking her into our custody does not automatically mean that she will be taken back to Jigawa. Walida will be kept in Abuja for now and provided with adequate security,” he added.

The governor also stated that the child she delivered would be placed under the care of the Jigawa State Government pending the outcome of ongoing investigations and legal processes.

On his part, Director-General of the DSS, Adeola Oluwatosin Ajayi, said the agency acted within the framework of the law and prioritised Walida’s safety throughout the investigation.

He confirmed that a DSS officer allegedly linked to the case, Ifeanyi Onyewuenyi, remains in custody and would face appropriate legal consequences if found guilty. “He will face the music when found wanting. We have rules guiding our operations,” Ajayi stated.

According to him, several agencies, including law enforcement, civil defence, women’s rights organisations, and the Federal Ministry of Women Affairs, are working together to ensure proper handling of the case.

Governor Namadi assured that all outstanding issues, including the circumstances surrounding her disappearance, would be determined through due legal process, while reaffirming the government’s commitment to protecting her rights and wellbeing.

‘Don’t congratulate me, it’s huge burden’ – Tunji Disu list what he’ll do as IGP

Newly appointed Inspector-General of Police, IGP, Tunji Disu, has said that this is not the right time to start receiving congratulatory messages.

The new IGP said that the burden placed on his shoulder is a heavy one and that he must swing into action immediately.

Disu stated this after he was decorated by President Tinubu on Wednesday to take over as the 23rd Indigenous Inspector-General of Police.

Disu is replacing Kayode Egbetokun who was earlier asked to resign by President Bola Tinubu .

He highlighted the areas of focus and added that he would not waste or treat the confidence reposed in him carelessly.

“I am dedicated to supporting and maintaining it until it meets the standards expected by His Excellency and the hopes of Nigerians, making sure that the safety and belongings of every lawful citizen and all residents throughout the country are protected,” he said.

Disu said he had received thousands of congratulatory messages already, stressing that “I firmly believe that it’s not the right time for me to be praised yet. It’s not the right time yet because a big responsibility has been given to me and my coworkers.

“It’s not the right time yet because I understand the expectations are really high. It’s not the right time yet because I believe we shouldn’t just meet expectations, but aim to go beyond them.

“I want to let all the officers and men of the indefatigable Nigeria Police know that Tunji Disu, as most of you call me, is first and foremost a police officer before being the Inspector-General of Police.

“This includes the fresh recruits who are still learning the weight of the uniform, as well as the veterans who have given decades of quiet service. I really value this and want to keep it going.

“I see you, I respect you, and I’m right here with you. I know what it feels like to stand on duty in the rain. I know there are dangers in answering any emergency call. I know what it’s like to work for people who sometimes cheer for you and sometimes don’t trust you.

“Those experiences aren’t behind me; they will influence every choice I make in this office. By the favor of Almighty God, I have been given this position to guide you with honesty and faithfulness, and to work for the benefit of our beloved country, Nigeria.

“It’s good to see that our Service has a lot of strong capabilities that are always ready to use when needed to deal with today’s security challenges.

“We can proudly say that Nigeria has overcome many tough challenges thanks to the courage, skill, deep knowledge, strong dedication, and great strength of its officers.

“I am also aware that we all have injuries: a lack of trust from the communities we are supposed to protect; old systems, not enough resources, and in some places, a culture of wrongdoings that has damaged the badge many of us wear with pride.

“These are not comfortable truths. But these are realities we need to confront with determination in order to rebuild the Nigeria Police as a highly trusted and people-focused institution. My time in this role will be based on three clear promises.

“We will take this Service and bring it up to date in a professional and modern way. How we do our work will be guided by smart policing, detailed investigations, digital technology, and using evidence to make decisions. Not threatening, not taking easy paths, not using power unfairly.

“We will invest in the people who do this work. A skilled officer, who is well-prepared and truly appreciated, is the strongest tool this Service has for stopping crime.

“I want to be clear about this, so there’s no misunderstanding: the time for getting away with things is over. The badge shows that people trust the public. Anyone who handles it differently will have to deal with the complete effects of our discipline procedures.

“This rule applies to everyone, no matter their rank, even those who are closest to me. I won’t ask people to trust a service unless it takes responsibility for its actions first. We will improve our internal checks, make our procedures clearer, and ensure that when we talk about the rule of law, we really mean it.

“No police department anywhere in the world has ever been able to create real and lasting safety by working against the community instead of being part of it. We will go to the people.

“To the markets, the town halls, the schools, and the informal settlements. Not to lecture, but to listen. Community policing is not a programme. It’s a way of thinking, and it will guide how this Service works from the inside out.

“To my officers, I will expect the best from you, because the people we serve deserve nothing less.

“Integrity. Compassion. Courage. These are not optional qualities. They are the job. But I promise you this: I will work hard to protect your well-being, respect your dignity, and ensure you have the right conditions to do your job properly. You won’t be asked to do anything that’s impossible without any help.

“Starting today, leadership in this Service needs to be clear, responsible, and deserving of people following them. To the people of this country,

I ask for just one thing more than anything else.

“Your partnership. Report crime. Engage with your local officers. Hold us responsible when we don’t meet the standards, and support us when we do things right. We are not your adversaries. We are your neighbors in uniform, and the only way to know if we’re doing our job right is by how safe you stay.

“The path forward isn’t easy, and the changes we need to make also won’t be simple. There will be resistance, tough decisions, and times when the easier choice seems better. I plan to choose the more difficult option each time. My door will be open. My ears will be attentive.

“My promise to turn this Service into one that every citizen can trust and every officer can be proud to work in will never change. This is not the end of the ceremony. This is the beginning of work! Let us get to it, together. God bless our Police Service. God bless the Federal Republic of Nigeria.”