NYSC announces date for 2026 Batch ‘C’ Stream II orientation camp

NYSC announces date for 2026 Batch ‘C’ Stream II orientation campThe National Youth Service Corps, NYSC, has announced Wednesday, November 4, 2026, as the official start date for the 2026 Batch ‘C’ Stream II Orientation Course.

A statement issued by Caroline Embu, Director of Information and Public Relations, indicated that the exercise would be held across all 36 states and the Federal Capital Territory, Abuja.

According to the statement, the enrolment of Corps Members will take place from Wednesday, November 4, through midnight on Friday, November 6, with the swearing-in ceremony scheduled for Friday, November 6, 2026.

The NYSC further announced that the closing ceremony will be held on Tuesday, November 24, 2026.

Lagos varsity workers declare indefinite strike over unpaid nine-month arrears

Lagos varsity workers declare indefinite strike over unpaid nine-month arrearsAcademic and non-academic workers in Lagos State-owned universities have threatened to commence an indefinite strike from October 3 over the alleged failure of the state government to implement agreements reached with the unions.

The Joint Action Committee, JAC, of Lagos State-owned universities issued the warning during a media briefing on Friday, saying its members would withdraw their services if their demands were not addressed.

The committee comprises the Academic Staff Union of Universities, ASUU, Senior Staff Association of Nigerian Universities, SSANU, Non-Academic Staff Union of Educational and Associated Institutions, NASU, and National Association of Academic Technologists, NAAT.

The affected institutions are Lagos State University, LASU, Lagos State University College of Medicine, LASUCOM, Lagos State University of Science and Technology, LASUSTECH, and Lagos State University of Education, LASUED.

JAC Chairman, Prof. Ibrahim Bakare, said the strike would commence at midnight on Saturday, October 3, following the expiration of a seven-day ultimatum issued to the Lagos State Government.

Bakare said the decision followed months of unsuccessful negotiations, administrative delays and what the unions described as repeated reversals by government officials over the implementation of the signed 2026 Federal Government of Nigeria (FGN)/staff unions’ agreements.

He said negotiations had appeared to yield progress on August 31, when the government and unions signed a resolution covering revised allowance structures, tax-exempt benefits and the payment of outstanding arrears alongside September salaries.

However, Bakare said the September salaries were paid without the agreed adjustments or the outstanding arrears.

He added that the failure to implement the agreement had pushed the accumulated arrears owed to university workers to nine months, covering the period from January to September 2026.

“We have demonstrated unprecedented patience, maturity and commitment to peaceful dialogue. However, our patience has been pushed to the absolute limit. We have exhausted every possible administrative channel to avert this crisis,” Bakare stated.

The JAC chairman said the unions considered their demands legitimate and within the financial capacity of the Lagos State Government.

He listed the demands to include the full implementation of the signed 2026 FGN/unions’ agreement across the four institutions, payment of the nine-month arrears covering January to September 2026, and compliance with the agreed non-taxable status of negotiated allowances.

The unions are also demanding the implementation of a 15 per cent “Lagos Factor” allowance to address the economic pressures associated with living and working in Lagos.

They further called for the fulfilment of previous commitments attributed to Governor Babajide Sanwo-Olu, including a 20 per cent salary increase announced in 2023 and the provision of five Marcopolo buses for the transportation of students and staff.

With the strike deadline approaching, the unions appealed to students, parents and civil society organisations to hold the state government accountable for any disruption to academic and administrative activities in the affected institutions.

“We remain open to immediate executive action before the midnight deadline tonight,” Bakare added, stressing that only urgent intervention by Sanwo-Olu could prevent a shutdown of the universities from Saturday.

States generate N114bn from road taxes in three years

States generate N114bn from road taxes in three yearsThe 36 states generated N113.94bn from road taxes between 2023 and 2025, an analysis of data from the National Bureau of Statistics has shown.

According to the NBS Internally Generated Revenue at State Level 2025, the figure comprised N40.14bn collected in 2023, N23.92bn in 2024 and N49.88bn in 2025, according to state-level Internally Generated Revenue data analysed

The data showed that road tax collections fell by N16.22bn, or 40.42 per cent, from N40.14bn in 2023 to N23.92bn in 2024, before rebounding by N25.96bn, or 108.53 per cent, to N49.88bn in 2025.

However, the sharp decline in 2024 may be linked to the absence of Lagos’s road tax figure for that year. Lagos generated N16.74bn in 2023, and N16.87bn in 2025, so the missing 2024 figure significantly affected the national total.

The NBS defines road taxes as “daily levies paid by commercial transporters operating within the states.” It said IGR data for the 36 states and the Federal Capital Territory were compiled by the Joint Revenue Board from official records and submissions by State Boards of Internal Revenue.

An analysis of the three-year data showed a wide disparity in collections among states, with Lagos accounting for N33.61bn in the two years for which figures were reported. That amounted to 29.5 per cent of the entire N113.94bn recorded nationally over the period despite the missing 2024 figure.

Delta emerged as the biggest collector outside Lagos, generating N8.64bn over the three years. Its road tax revenue increased steadily from N2.60bn in 2023 to N2.71bn in 2024 and N3.33bn in 2025.

Ondo followed with a cumulative N5.99bn, comprising N1.59bn in 2023, N1.73bn in 2024 and N2.67bn in 2025. Ogun collected N5.49bn during the period, while Edo and Cross River recorded N5.32bn and N5.28bn, respectively.

The yearly ranking showed that Lagos led collections in 2023 with N16.74bn, followed by Ebonyi with N2.85bn and Delta with N2.60bn. Ogun generated N1.64bn, Zamfara N1.61bn and Ondo N1.59bn.

With no Lagos figure reported in 2024, Delta recorded the highest collection at N2.71bn. Cross River followed with N1.77bn, Ondo with N1.73bn, Ogun with N1.72bn and Edo with N1.58bn.

In 2025, Lagos returned to the top with N16.87bn, accounting for about 33.8 per cent of the N49.88bn reported nationally. Delta followed with N3.33bn, while Ondo generated N2.67bn. Cross River, Edo and Ogun recorded N2.29bn, N2.14bn and N2.12bn, respectively.

The 2025 data also revealed substantial increases in some states. Bauchi recorded one of the sharpest jumps, with collections rising from N413.51m in 2024 to N1.89bn in 2025, an increase of N1.48bn or 357.32 per cent.

Nasarawa recorded a similarly steep increase of 357.23 per cent, from N226.10m to N1.03bn, while Kogi’s collection rose by 124.84 per cent from N727.84m to N1.64bn.

Ebonyi more than doubled its road tax revenue from N249.35m in 2024 to N533.43m in 2025. Gombe increased its collection from N221.97m to N411.33m, while Ondo rose from N1.73bn to N2.67bn.

Some states moved in the opposite direction. Kebbi recorded the steepest fall among the states, declining by 73.52 per cent from N247.35m in 2024 to N65.49m in 2025. Katsina fell by 54.94 per cent from N106.03m to N47.78m, while Sokoto dropped by 49.05 per cent from N165.04m to N84.09m.

Bayelsa’s collection declined for a second consecutive year, falling from N146.60m in 2023 to N102.18m in 2024 and N70.92m in 2025.

For the three-year period, Katsina recorded the lowest cumulative collection at N183.10m, followed by Yobe with N309.04m and Bayelsa with N319.70m. Adamawa generated N363.59m, while Kebbi recorded N364.69m.

In 2025 alone, Katsina had the lowest road tax collection at N47.78m, followed by Kebbi with N65.49m, Bayelsa with N70.92m, Sokoto with N84.09m and Jigawa with N96.84m.

The road tax receipts formed part of the broader tax revenue collected by states, which the NBS classified to include PAYE, direct assessment, road taxes, stamp duties, capital gains tax, withholding taxes, other taxes and local government revenue.

The bureau reported that the 36 states and the FCT generated N5.15tn in total IGR in 2025, representing a 40.93 per cent increase from N3.65tn in 2024. Tax revenue accounted for 73.64 per cent of the 2025 total.

The NBS cautioned that the figures were “subject to reconciliations and updates by the respective sub-national revenue authorities.”

March 2026 reported that the Federal Government formally prohibited cash collection of taxes and banned the mounting of roadblocks for revenue enforcement as part of fresh regulations to implement new tax laws.

The Executive Secretary of the Joint Revenue Board, Mr Olusegun Adesokan, stated this during the signing of the Presumptive Tax Regulations and Guidelines on the Implementation of the Tax Laws at the Federal Ministry of Finance.

Adesokan said the new framework was designed to end informal, coercive and fragmented tax practices, particularly at the sub-national level. “It bans all forms of cash collection by tax authorities. It also bans the mounting of roadblocks for the collection of taxes,” he said.

The Joint Revenue Board also announced a partnership with the Nigerian Police Force to combat illegal tax collection and dismantle roadblocks mounted for the purpose of tax collection across the country.

NMDPRA plans gas distribution licensing round

Nigerian Midstream and Downstream Petroleum Regulatory Authority logo“Without infrastructure, reserves are potential. They will continue to have potential. With infrastructure, gas becomes productivity and national resilience, especially in the light of the global headwinds that we see.”

Umar maintained that gas infrastructure must facilitate the movement of gas from wellheads to processing plants, pipelines, power stations, industrial clusters, transport corridors and homes, as well as export terminals.

Describing the Federal Government’s Decade of Gas Initiative as “an engine of execution,” he stressed that the NMDPRA is accelerating licences and approvals for processing plants, pipelines, storage facilities, compressed natural gas and liquefied natural gas projects.

The NMDPRA chief also welcomed discussions on floating LNG at the forum, saying Nigeria needed new initiatives as it deepened CNG and LNG penetration. Umar stated that the LNG market had also changed significantly in recent years, with the commodity no longer being associated solely with Nigeria LNG Limited.

“A few years ago, when we say LNG, everybody in Nigeria thought LNG meant NLNG, because that was the only company doing LNG. Today, the case is different,” Umar posited.

He said LNG is now being used domestically, while noting that the authority is working with other companies developing different LNG products.

On the planned open-access regime, Umar said access to pipelines should not be restricted to a few players.

He revealed that the NMDPRA is rebuilding the Nigerian Gas Transportation Network Code to establish clear and consistently applied rules for injecting gas into pipelines and taking it out, including rules relating to shrinkage factors.

According to him, the law provides that a company with a project, even one requiring a connection of only 20 kilometres, should be able to connect to an existing pipeline, with the NMDPRA responsible for ensuring such access.

Umar also disclosed that the regulator had signed a cooperation framework with the Federal Competition and Consumer Protection Commission to address anti-competitive practices in the gas sector.

He emphasised that the framework would tackle price fixing, market sharing, abuse of dominance, capacity hoarding and discriminatory access while protecting investment. The ACE, however, said the regulator would not compel infrastructure owners to surrender capacity that is already fully utilised.

Speaking on investors’ concerns, Umar said, “Markets run on trust, and trust runs on discipline,” identifying credible contracts, transparent tariffs, accurate measurement and enforceable rules as key foundations for investment.

He said investors were particularly concerned about payment, supply reliability and pricing. Umar said the authority is developing measurable conditions for the full transition to a willing-buyer, willing-seller domestic gas market, adding that the transition would be assessed based on supply diversity, infrastructure access, contract performance, payment discipline, reliable market data and credible pricing.

Umar cautioned that the regulator had to balance the need to encourage investment with the affordability of gas, warning that excessive focus on investment could result in prices that consumers could not afford, while excessively low prices could discourage investment.

“Regulators are nothing but referees,” he declared.

Two-day profit-taking drags NGX down by N894bn

NGXThe Nigerian equities market closed the final trading session of September on a pronounced bearish note, extending its downward momentum to a second consecutive day as aggressive profit-taking wiped out N894.36bn in total investor wealth across Tuesday and Wednesday.

The selling pressure was initiated on Tuesday when the All-Share Index dropped by 721.91 points or 0.29 per cent to settle at 251,913.20 points, erasing previous gains and shaving N468.63bn off equity valuation.

Downward momentum persisted into Wednesday as the benchmark index slid an additional 0.28 per cent to close at 251,211.67 points, dragging total market capitalisation down from its week-opening level of N163.99tn to N163.10tn, with a N425.73bn drop recorded on the month’s final trading day alone.

Across both sessions, sell-offs in heavyweight blue-chip stocks drove the market contraction, with tier-one lenders and telecommunications majors absorbing heavy pressure.

Tuesday’s broad-based slide was headlined by sharp declines in Sovereign Trust Insurance, Unilever Nigeria, Neimeth International Pharmaceuticals, and BUA Cement, alongside key financial heavyweights like GTCO and Zenith Bank.

While insurance stocks managed to buck Tuesday’s trend to record a slight sectoral gain, the broad market sentiment shifted further into negative territory on Wednesday as the NGX Premium Index dropped 1.02 per cent.

Telecom titan MTN Nigeria Communications fell by 3.01 per cent on Wednesday, alongside tier-one banking giants Access Holdings, United Bank for Africa, and GTCO, while Learn Africa and Thomas Wyatt Nigeria led the decliners’ chart.

Despite the prevailing bearish environment over the two-day period, selective buying interest provided partial relief to the overall index. BUA Cement staged a strong recovery on Wednesday by advancing N9.20 to finish at N297.00 per share, propelling the NGX Industrial Index up by 0.66 per cent after its Tuesday dip.

Consumer goods and growth stocks also recorded slight upticks on Wednesday, supported by maximum daily limit gains in equities like Haldane McCall, NPF Microfinance Bank, LivingTrust Mortgage Bank, Critical Minerals Financing Corp, Cornerstone Insurance, and ABC Transport.

Market turnover remained active throughout the downturn, recording 548.65 million shares traded in 47,203 deals on Tuesday and expanding to 1.035 billion shares across 44,398 deals on Wednesday, heavily driven by high-volume exchanges in VFD Group, UAC of Nigeria, Abbey Mortgage Bank, Chams Holding Company, and GTCO

MTN Nigeria insider sells stake through NGX

NGXAn insider at MTN Nigeria Communications Plc has offloaded a portion of their equity holding in the telecom giant, executing a multi-million-naira share divestment through the floor of the Nigerian Exchange Limited.

The transaction underscores the continuous enforcement of corporate disclosure rules mandated by capital market regulators to preserve market transparency and investor confidence across listed firms on the local bourse.

According to an official notification of share dealing filed with the exchange, the Manager of Financial Operations at MTN Nigeria Communications Plc, Osebi Ufot, sold an aggregate of 8,000 ordinary shares on September 21, 2026.

The divestment was carried out in Lagos across multiple price tranches, “including 7,854 shares at N858.00, 26 shares at N857.00, and 120 shares at N857.10, yielding an aggregated weighted average price of N857.36 per share and bringing the total transaction value to N6,858,880.”

In a regulatory statement issued to confirm the statutory insider filing on behalf of the telecommunications operator, the Deputy Company Secretary, Obafunmilayo Willoughby, stated, “Notification of Share Dealing by Insiders.”

The stock sale comes at a pivotal period for Nigeria’s telecommunications industry, as major service providers continue to navigate macroeconomic headwinds, high energy costs, inflationary pressures, and foreign exchange volatility that have reshaped corporate earnings and stock market valuations across the board.

As the largest mobile network operator and one of the most capitalised equities on the Nigerian Exchange, MTN Nigeria remains strictly bound by post-listing rules that compel directors and persons discharging managerial responsibilities to immediately report changes in their equity portfolios.

Court restrains NDC, INEC from recognising Plateau governorship candidate

Court restrains NDC, INEC from recognising Plateau governorship candidateThe Federal High Court in Jos, Plateau State, has stopped Jonathan Akuns from presenting himself as the governorship candidate of the Nigeria Democratic Congress (NDC) for the 2027 election.

Justice S.T. Ishaya issued the order on September 28 after considering an ex parte application filed by Alfred Dapal, a governorship aspirant challenging the party’s nomination process.

The case, marked FHC/J/CS/87/2026, has Mr Akuns as the first defendant, the NDC as the second defendant and the Independent National Electoral Commission (INEC) as the third defendant.

The judge ordered Mr Akuns not to announce, publish or otherwise present himself as the NDC governorship candidate until the court hears and determines the case.

Mr Dapal told the court that he was the candidate produced by the NDC during its governorship nomination exercise held on September 15 at the party’s secretariat in Dogon Karfe, Jos North Local Government Area.

He is asking the court to stop the NDC, its officials and agents from replacing, withdrawing or removing him as the party’s candidate until the case is decided.

He also wants the court to stop the NDC from submitting Mr Akuns’ name to INEC as its governorship candidate in his place.

Mr Dapal further asked the court to prevent INEC from accepting, recognising, publishing or acting on Mr Akuns’ name as the NDC candidate for Plateau State.

Another request seeks an order directing all parties to maintain the position that existed after the September 15 nomination exercise until the case is finally determined.

The plaintiff also asked for an accelerated hearing because of the statutory deadlines for pre-election cases.

Justice Ishaya ruled that the application had succeeded in part and adjourned the case until October 5 for hearing.

The order was signed by the judge and issued under the seal of the Federal High Court by the Registrar, Chioma A. Eze.

The order does not amount to a final decision on who should hold the NDC governorship ticket in Plateau State. The court will still consider the competing claims arising from the party’s nomination process.

Kebbi APC reinstates suspended chairman, Kana-Zuru

Kebbi APC reinstates suspended chairman, Kana-ZuruThe All Progressives Congress, APC, in Kebbi State has reinstated its State Chairman, Abubakar Muhammad Kana-Zuru, more than three months after his suspension.

The decision was announced on Thursday by the party’s State Publicity Secretary, Isah Abubakar Assalafi, at a press conference at the APC secretariat in Birnin Kebbi.

Assalafi said the State Working Committee (SWC) revoked Kana-Zuru’s suspension after reviewing subsequent developments surrounding the decision taken in June.

The SWC had, at its meeting on June 20, 2026, suspended Kana-Zuru from office through Resolution No. KSWC/010/2026.

However, at a meeting held on October 1, 2026, the committee resolved to revoke the suspension and restore him to office with immediate effect.

The decision also terminated the interim arrangement under which Adamu Mudi Augie had been serving as Acting State Chairman.

“Accordingly, Alhaji Adamu Mudi Augie shall cease to act as Acting State Chairman and shall resume his substantive office as Deputy State Chairman,” Assalafi said.

He added that all official records and documents relating to the office of State Chairman should be handed over to Kana-Zuru.

The party directed its state secretary to communicate the resolution to the appropriate party organs, including the national headquarters, for information and necessary action.

The APC said Kana-Zuru had resumed all the functions, powers and responsibilities of the State Chairman with immediate effect.

October 1: Nigerians must break free from political slavery – Amuzu

October 1: Nigerians must break free from political slavery – AmuzuAs Nigeria commemorates its 66-year independence anniversary, Toyin Amuzu, a PDP chieftain in Ogun State, has urged citizens to break free from political slavery that keeps them trapped in hardship and dependence.

According to Amuzu, true independence must go beyond flag celebrations to include freedom from hunger, hardship, hopelessness and a system where a few people determine the future of the majority.

He noted that government must exist to serve the people and not turn public resources into instruments of political control.

“Citizens must not allow themselves to be permanently subjected to a system where a few people determine their future while the majority continue to struggle,” he said.

Amuzu, who is the House of Representatives candidate for Abeokuta South, urged people of the constituency to recognise the power of their votes as a tool to demand leadership that respects their dignity, welfare and aspirations.

He said the cost-of-living crisis has placed enormous pressure on households, hence the need for people-centred leadership that provides practical support.

The PDP candidate said the 2027 election offers an opportunity for residents to renew their commitment to a better Nigeria and enthrone leadership that prioritises their welfare.

He added that his party was prepared to restore hope and rebuild confidence in governance in Ogun State.

The PDP House of Representatives hopeful also urged residents to see the Independence Anniversary as an opportunity to renew their commitment to a better Nigeria, saying true independence must include freedom from hunger, hardship, hopelessness and policies that leave ordinary citizens behind.

Amnesty urges probe into Minna stampede that killed three

Amnesty urges probe into Minna stampede that killed threeAmnesty International has called on Nigerian authorities to investigate the deaths of three people in a stampede at the Niger State Government House in Minna, saying the incident highlights the worsening economic hardship facing millions of Nigerians.

The stampede occurred on Tuesday after a crowd gathered at the Government House amid reports that Governor Mohammed Umaru Bago would distribute cash to residents.

At least three women died, while several others were injured. Local reports identified two of the deceased as internally displaced persons from Allawa community in Shiroro Local Government Area.

Two critically injured victims were referred from Minna General Hospital to the IBB Specialist Hospital for further treatment.

Amnesty said the circumstances surrounding the deaths were particularly disturbing because some of those affected had already been displaced by insecurity.

The organisation said the incident was another indication of the level of economic hardship and food insecurity affecting vulnerable Nigerians.

“It is shocking that among the dead are families displaced by insecurity,” Amnesty said.

The rights group also recalled a series of deadly stampedes during food and relief-material distributions in December 2024.

At least 65 people died in stampedes recorded in Abuja, Anambra and Oyo within a few days, according to reports at the time.

Amnesty said the repeated incidents were “chilling reminders” of the consequences of the economic crisis, arguing that many families were increasingly struggling to afford basic necessities.

“These are chilling reminders that the current economic crisis has exacerbated the level of food insecurity amongst majority of the population living in poverty,” the organisation said.

It added that many households were increasingly unable to meet the cost of food, healthcare and education.

Amnesty urged the Nigerian authorities to take more concrete steps to address economic hardship and rising poverty, saying people should be able to live in dignity.

The Niger State Government said it would issue an official statement on the Minna incident, while the police said they were verifying reports about the deaths.