Author: Gabby

The ongoing legal battle between the Nigeria Deposit Insurance Corporation (NDIC) and Wema Bank over prime real estate in Banana Island, Lagos, has created apprehension among banking customers across the country. NDIC lodged two new lawsuits at the Federal High Court in Lagos on Thursday, seeking the return of 12 upscale properties estimated at N125.38 billion and challenging an unauthorized payment of N401 million.

These cases, brought under the Failed Banks (Recovery of Debts) and Financial Malpractices in Banks Act, are part of NDIC’s broader initiative to retrieve assets tied to defunct Gulf Bank, whose license was revoked by the Central Bank of Nigeria earlier this year. According to NDIC, the disputed assets were obtained through companies linked to Gulf Bank prior to its collapse.

In response, Wema Bank issued a statement on Friday asserting that it took control of the properties because the former management of Gulf Bank defaulted on a N1.2 billion debt. The bank emphasized that the companies involved are distinct from Gulf Bank, contradicting NDIC’s assertions. Wema Bank categorically rejected the claims, labeling them as false and intended to mislead the public. However, critics note that the bank did not explicitly deny any connection to the defunct institution or the contested assets.

This dispute has unsettled depositors, raising concerns about the security of their funds and the stability of the banking sector. Uju Ogunbunka, President of the Bank Customers’ Association of Nigeria, stated that he could not immediately determine the controversy’s impact on customers. The legal tussle continues to unfold, leaving many Nigerians in a state of uncertainty.

The Economic and Financial Crimes Commission (EFCC) has mandated a formal inquiry into the confrontation between its personnel and staff at the University of Uyo Teaching Hospital (UUTH), following allegations that Professor Eyo Ekpe, a prominent cardiologist, was assaulted. This move comes after the incident on May 12 triggered an indefinite strike by doctors and health workers, despite the Chief Medical Director’s plea for them to return to duty to safeguard critically ill patients.

In a statement on Friday, EFCC spokesman Dele Oyewale expressed the commission’s dismay over the brutality accusations, though he noted no physical signs of injury have been confirmed. He confirmed that any operative found violating the agency’s Standard Operating Procedure would face disciplinary action. Oyewale further clarified that the visit to UUTH was purely administrative—aimed at verifying a document—and not an arrest operation. He claimed no arrests were made and hospital staff who accompanied operatives to the zonal office were not detained.

Urging restraint, Oyewale appreciated stakeholders working toward a peaceful resolution and warned against allowing fifth columnists to exploit the situation to hinder Nigeria’s anti-corruption fight.

In a move aimed at strengthening bilateral ties, the Nigerian government has officially implemented a 30-day visa exemption for citizens of Rwanda. The directive, announced by President Bola Ahmed Tinubu during the Africa CEO Forum in Kigali, is now being enforced by the Nigeria Immigration Service (NIS).

This policy allows Rwandan nationals to enter Nigeria without a visa for stays of up to 30 days, covering tourism, business, and official visits. It reciprocates a similar gesture previously extended by Rwanda to Nigerian citizens, underscoring a mutual commitment to enhanced cooperation.

For those wishing to remain in Nigeria beyond the 30-day period, standard visa requirements still apply. Travelers must apply through a Nigerian embassy or high commission abroad, or utilize the Nigeria e-Visa system to secure appropriate documentation.

The NIS has instructed all ports of entry—airports, land borders, and seaports—to immediately begin enforcing the new policy. The service stated that this initiative reflects strong diplomatic relations between the two nations and promotes intra-African mobility, tourism, and economic integration in line with continental goals.

According to the official statement, the Nigeria Immigration Service remains dedicated to facilitating safe, orderly, and lawful migration, consistent with international standards and President Tinubu’s Renewed Hope Agenda.

President Bola Tinubu has safely arrived back in Nigeria following his official visits to France, Kenya, and Rwanda. The presidential aircraft landed at the Presidential Wing of Lagos Airport at approximately 7:12 p.m., according to a statement from his Special Adviser on Information and Strategy, Bayo Onanuga.

Upon arrival, Tinubu was welcomed by a delegation that included Lagos State Governor Babajide Sanwo-Olu, Deputy Governor Femi Hamzat, Chief of Staff to the President Femi Gbajabiamila, and Speaker of the Lagos State House of Assembly Mudashiru Obasa, among other government officials.

During his stay in France, the president engaged with global investors, highlighting the importance of transparency and fiscal responsibility. He also explained the rationale behind the swift implementation of the bold economic reforms his administration has undertaken.

In Kenya, Tinubu attended the Africa Forward Summit in Nairobi, which was co-hosted by French President Emmanuel Macron and Kenyan President William Ruto. At the summit, Tinubu called for a restructuring of the global financial system and stronger economic integration that prioritizes Africa’s growth and prosperity.

Additionally, the president emphasized Nigeria’s potential in the blue economy, describing it as a cornerstone for Africa’s development. He committed to sharing Nigeria’s maritime intelligence infrastructure with willing Gulf of Guinea states.

In a decisive blow against economic sabotage, the Nigerian Navy has dismantled a clandestine fuel distribution network in Rivers State. The operation, executed under the banner of Operation Delta Sentinel, focused on the Okrika area and led to the discovery of a hidden warehouse in Okochiri Kingdom. Naval personnel found 410 drums filled with approximately 123,000 litres of Automotive Gas Oil (AGO) suspected to be illegally refined.

According to Captain Abiodun Folorunsho, the Director of Naval Information, the raid was part of a sustained campaign to disrupt illicit petroleum activities. The seized products are believed to have been transported from illegal refining sites and stored for sale on the black market. This discovery underscores a worrying shift as criminal networks move from open refining to concealed storage and distribution methods to evade authorities.

The Navy has handled the confiscated items according to standard anti-theft protocols, and surveillance continues in the region. The operation reinforces the Navy’s commitment to protecting national assets and curbing the economic losses caused by crude oil theft and illegal refining. Under the Chief of the Naval Staff’s vision, the Navy remains relentless in denying saboteurs any operational space in the Niger Delta’s maritime and littoral zones.

The Nigeria Security and Civil Defence Corps (NSCDC) has raised alarm over the escalating issue of unauthorized mining activities nationwide. Ahmed Abubakar Audi, the Commandant-General, issued a stern warning to those involved, urging them to cease operations that could lead to severe consequences.

During a meeting with delegates from the United Nations Office on Drugs and Crime (UNODC) and Canadian donor partners at the NSCDC head office on Friday, Attah Onoja, commander of the Mining Marshals Corps, spoke on behalf of the Commandant-General. He emphasized that illegal mining has evolved beyond a mere economic violation, now representing a significant national security menace that demands intelligence-led and coordinated enforcement strategies.

Onoja stated, “Illegal mining has transformed from a simple economic crime into a major threat to national security. It requires a coordinated, intelligence-driven approach to enforcement.”

He praised the UNODC and the Canadian government for their backing of the initiative titled “Strengthening Nigeria’s Response to Criminal and Terrorist Finance related to Minerals.” This collaboration, he noted, has boosted the operational and investigative capabilities of officers tasked with tackling mineral-related crimes throughout the country.

The Mining Marshals Corps was established, according to Onoja, to safeguard Nigeria’s mineral wealth and enforce mining regulations through dedicated teams focused on intelligence, field operations, legal proceedings, enforcement, and community outreach. “Our mission is to protect the nation’s mineral resources, curb illegal mining, and prosecute those involved in unlawful mineral extraction,” he explained.

He revealed that the partnership between NSCDC and UNODC began in 2025, supported by Global Affairs Canada, through training sessions and consultative meetings. In November 2025, 21 officers underwent training on investigating terrorism financing, which he described as vital for improving probes into organized crime, terrorism funding, and illegal mining activities.

Specialized units have since been deployed to illegal mining hotspots in the North-West and North-Central regions. Joint operations with other agencies have resulted in the dismantling of multiple illegal mining sites and the arrest of suspects.

The Kulen Allah Cattle Rearers Association of Nigeria (KACRAN) has urged farmers to stop blocking livestock corridors and illegally turning grazing reserves into agricultural lands throughout the country. In a communiqué released after its 7th anniversary and National Executive Council meeting in Damaturu, the association’s National President, Khalil Mohammed Bello, emphasized the need to protect these designated areas.

KACRAN also cautioned pastoralists against destroying crops while moving their animals, urging both parties to settle disputes through negotiation, dialogue, and the involvement of traditional rulers rather than violence or extrajudicial measures. The group stressed that peaceful resolution mechanisms are essential for harmony.

Where livestock damages farms, KACRAN recommends compensation based on the actual assessed value of the harm. It expressed concern over reports of exorbitant demands—such as one million naira for a single cow entering a farm—and called for fairness and reasonableness in compensation claims.

Furthermore, KACRAN appealed to federal and state governments to reclaim and revitalize grazing reserves and cattle routes nationwide. This would reduce the need for long-distance drives from the North through the North Central to the South, which often lead to crop destruction and unnecessary conflicts.

The association also called on the Federal Government to enhance security, especially in the North West and North Central regions, to ensure safe operations for both farmers and herders. It noted that security is crucial for boosting food production for domestic use and export.

A coalition of Water, Sanitation, and Hygiene (WASH) stakeholders in Bauchi State has recommended the creation of a dedicated levy on businesses and institutions operating within the state to shore up financing for water and sanitation projects.

This initiative was among the key outcomes of the 2026 State WASH Joint Sector Review, a three-day gathering held from May 12 to 14 at Hazibal Suites in Bauchi. The event brought together representatives from various government bodies, local councils, development partners, civil society groups, private sector players, traditional and religious leaders, academia, media, and community organizations.

The final communiqué from the meeting called for the prompt establishment of a WASH Fund Basket, along with a donor roundtable to attract additional resources. Participants acknowledged that while strides have been made in expanding water supply and promoting sanitation and hygiene, the sector continues to grapple with insufficient funding, poor maintenance practices, low functionality of facilities, climate vulnerabilities, and unequal access to services.

They urged the Bauchi State Government to treat WASH as a critical public health and development priority through enhanced budgetary allocations, robust policy implementation, and sustained political will. Specific demands included the finalization of the Water Regulatory Commission and the Small Towns Water Agency under the Ministry of Water Resources, as well as the full corporatization of the Bauchi State Urban Water and Sewerage Corporation to boost efficiency and service delivery.

The communiqué also emphasized the need for stronger coordination and accountability among ministries, departments, and local councils in executing WASH programs. It called for revitalizing the WASH Media Network to intensify public awareness campaigns on hygiene and sanitation, and urged traditional and religious leaders to spearhead community-level efforts to achieve Open Defecation Free (ODF) status across all local government areas.

Key priority actions for 2026–2027 include increasing the WASH budget, rehabilitating non-functional water schemes, scaling up hygiene behavior change campaigns, and accelerating Community-Led Total Sanitation programs. Stakeholders also set a target to reduce the state’s ODF reversion rate from 15% to 5% within one year. Additional commitments involve strengthening WASH data management systems, integrating climate resilience and disability inclusion, and promoting WASH interventions in schools and healthcare facilities.

To ensure accountability, quarterly progress review meetings will be held, and annual sector performance reports will be published. The communiqué was adopted on May 14, 2026, and signed by representatives from the Ministry of Water Resources, State Rural Water Supply and Sanitation Agency, Bauchi State Urban Water and Sewerage Corporation, UNICEF, WaterAid, civil society groups, and media organizations.

The Nigerian Communications Commission (NCC) and the North East Development Commission (NEDC) have been recognized as leading performers among Nigeria’s public institutions, according to the latest Fiscal Responsibility and Institutional Performance Report released by the Transparency Watch Initiative.

The report, published on Friday, evaluated federal agencies based on criteria such as fair practices, fiscal discipline, project execution, regulatory effectiveness, responsiveness to the public, and measurable impacts on national development goals.

Dr. Ifure Ataifure, head of the initiative, noted that the NCC continues to exemplify regulatory excellence in Nigeria’s public sector. He emphasized that the commission’s efforts in expanding digital access, ensuring communication network stability, advancing broadband penetration, and boosting economic productivity have made the telecommunications sector one of the nation’s most resilient growth engines.

Alongside the NCC and NEDC, other agencies that performed well include the Nigeria Sovereign Investment Authority (NSIA), Nigerian Ports Authority (NPA), Federal Inland Revenue Service (FIRS), Debt Management Office (DMO), Nigeria Customs Service (NCS), National Agency for Food and Drug Administration and Control (NAFDAC), Rural Electrification Agency (REA), and National Identity Management Commission (NIMC).