News
Bandits collecting taxes doesn’t mean they’ve taken over – Lai Mohammed
The Minister of Information and Culture, Lai Mohammed, says the fact that bandits are imposing levies on communities does not mean they have taken control.
Mohammed said this during a press conference in Abuja on Thursday while reacting to an article by The Economist magazine titled, ‘Insurgency, secessionism and banditry threaten Nigeria.’
The minister said the London-based magazine was wrong to claim that terrorists had carved caliphates for themselves in the North-East.
While answering questions from journalists on banditry in the North-West where bandits now impose levies on communities, Mohammed argued that imposing levies does not mean criminals are in charge, adding that it takes place in many parts of the country, including in the South where touts commonly referred to as ‘area boys’, impose levies.
He added, “Do you know how many places in this country where area boys collect taxes? And there is no terrorism or banditry there. I don’t want to mention names.
“In many of our cities, they carve out their own territory. So, it is not indicative of the bandits have taken over.
“No. I know many areas in Nigeria both in the South and the North where these kinds of things happen. So, it is not the same thing.”
The minister urged the Nigerian media to stop glorifying negative reports published by their foreign counterparts.
Mohammed said The Economist Intelligence Unit, which is a sister organisation of The Economist magazine, had predicted in 2019 that the Peoples Democratic Party’s presidential candidate, Atiku Abubakar, would win the election but the prediction turned out to be false.
“President Muhammadu Buhari won re-election by over three million votes. So, The Economist and other arms of the group are not infallible,” the minister argued.
Mohammed argued that the idea of the Nigerian media regurgitating things published or reported by foreign media is antithetical to its reputation of independence and vibrancy.
“The Nigerian media does itself a great disservice by turning itself into an echo chamber of the foreign media. When The Economist reported its patently-wrong and badly-researched story, it was immediately amplified by the local media, without even interrogating its content? This is totally unconscionable!” he added.
The minister maintained that contrary to the article by The Economist, Boko Haram had been degraded. He, therefore, lambasted the newspaper for attempting to downplay the exploits of the Nigerian military.
He added, “Again, at a time that Boko Haram and ISWAP are taking on each other in a mutually-destructive lockstep, and at a time that the terrorists are surrendering in droves as a result of heavy pounding by the military, it is wrong to say that Jihadists are carving out a Caliphate in the North-East, as The Economist reported.
“In any case, why would the Nigerian media become an echo chamber for a foreign newspaper that denigrates the Nigerian military and makes light of the sacrifices of our valiant troops? Would the British or American press regurgitate a report in the Nigerian press denigrating their militaries?”
PUNCH.
Findings m also revealed that the disbursements, made into the Presidential Air Fleet naira transit account operated by the Presidential Air Fleets (State House), were recorded in eight separate transactions across three months of June, July and December 2025, with the bulk of the transfers concentrated in July, when four transactions totalling N2.43bn were made in the space of a week.
A breakdown of the transactions shows that N1.285bn was disbursed on June 12, followed by N430m on July 24, N1.28bn on July 25, N92m on July 29, and N626m on July 31.
In December, three further disbursements were recorded. They include N9m on December 18, described in the GovSpend database as “Presidential Air Fleet forex transit funds,” N343.9m on December 30 and N90.9m on December 31.
Four of the eight transactions carry no accompanying description, listed simply as “None,” a pattern consistent with previous disbursements to the transit account.
Most disbursements to the Presidential Air Fleet transit account are labelled “Forex Transit Funds,” typically funds allocated for foreign exchange requirements to facilitate international transactions, covering expenses related to operations outside the country, including fuel purchases, maintenance or services in foreign currencies.
The new figures add to a growing cumulative spend that has accelerated significantly since Tinubu assumed office.
At least N26.38bn was spent on the operations of the Presidential Air Fleet from July 2023 to December 2024, with N14.15bn disbursed in 2024 alone.
The Presidential Air Fleet’s total budget allocation stood at N17.32bn in 2025, declining to N14.70bn in 2026.
The reduction was driven mainly by decreased capital expenditure.
Engine overhaul projects across the fleet consumed N4.58bn in 2024, N8.65bn in 2025 and N6.05bn in 2026, bringing the three-year aggregate to N19.27bn.
Since 2017, under the Buhari administration, budgetary allocations for the fleet have shown a growing trend, with one exception in 2020, rising from N4.37bn in 2017 to N20.52bn in 2024, a 370 per cent increase in running costs over seven years.
In an interview with our correspondent, the General Secretary of the Aviation Round Table, Olumide Ohunayo, had blamed the meteoric rise on the age of some of the aircraft in the fleet and the declining value of the naira, as well as the “commercial use” of aircraft by the Nigerian Air Force.
Ohunayo explained, “The cost will definitely increase over the years because, for one, this issue of the naira against the dollar.
“As the naira keeps falling to the dollar, we will see a rise in cost because most of the costs of training crew and engineers and replacing aircraft parts are all in dollars.
“Also, some of these aircraft are not new. The older the aircraft, the higher the cost of maintenance and operation.
“Lastly, during these past years, terrorism and insecurity have increased in Nigeria, which has also affected the cost of insuring the aircraft.”
The episode had prompted the House of Representatives Committee on National Security and Intelligence to recommend the procurement of two new presidential aircraft.
In August 2024, the official Boeing 737 business jet for the President was replaced with an Airbus A330 purchased for $100m through service-wide votes.
The nearly 15-year-old plane, an ACJ330-200, VP-CAC (MSN 1053), is “spacious and furnished with state-of-the-art avionics, customised interior and communications system,” Tinubu’s Special Adviser on Information and Strategy, Mr Bayo Onanuga, said, adding “it will save Nigeria huge maintenance and fuel costs, running into millions of dollars yearly.”
From February through July 2025, the President flew a San Marino-registered BBJ (REG: T7-NAS).
Sources who spoke to one of our correspondents confirmed that the primary aircraft had been flown to South Africa to change its colours to reflect the office of the President. It was flown back in July 2025.
The Presidential Air Fleet comprises a fixed-wing fleet that includes the Airbus ACJ330-200, a Gulfstream G550, a Gulfstream G500, two Falcon 7Xs, a Hawker 4000 and a Challenger 605, three of which are reportedly unserviceable.
The rotor-wing fleet includes two Agusta 139s and two Agusta 101s, operated by the Nigerian Air Force under the supervision of the Office of the National Security Adviser.
The CEO of Centurion Security Limited, John Ojikutu, argued that the disbursements for the air fleet operations were justified considering all related expenses.
“That’s not a big deal. If they are going for repair, particularly for C-checks. It’s always around that range.
“They will fly it abroad, buy fuel, catering, and hotel bills are also involved; pilots will fly it back, and the figure likely includes far more than the direct cost of repairing the aircraft,” Ojikutu explained, adding that the figure likely includes far more than the direct cost of operating the aircraft.
The Presidency did not respond to inquiries on the nature of the specific disbursements captured in the recent data.
As of the time of filing this report, calls to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, went unanswered.
In an earlier interview with our correspondent, Onanuga had argued that the costs of maintaining the air fleet are not for the President but in the interest of Nigerians.
“It’s not President Tinubu’s plane; it belongs to the people of Nigeria, it is our property…the President did not buy a new jet; what he has is a refurbished jet, but it is a much newer model than the one President Buhari used.
“Nigerians should try to prioritise the safety of the President. I’m not sure anybody wishes our President to go and crash in the air.
“We want his safety so that he can hand it over to whoever wants to take over from him,” Onanuga said.
Source: PUNCH
President of the Dangote Group, Aliko Dangote, has revealed that the company rejected attempts by the Nigerian National Petroleum Company Limited to increase its 7.25 per cent stake in the Dangote Petroleum Refinery.
Dangote disclosed this during an interview with Nicolai Tangen, stating that the decision was taken because the refinery plans to go public and allow more Nigerians to own shares in the facility.
According to him, the national oil company had sought to acquire additional equity in the multi-billion-dollar refinery, but the proposal was turned down.
“We are the ones that said no; we want to now spread it and have everybody be part of it,” Dangote said.
The refinery, located in Lekki, Lagos, is valued at about $20bn. In 2021, NNPC acquired a 7.25 per cent stake in the plant for $1bn, with an option to increase its ownership to 20 per cent by June 2024. However, the company later decided against purchasing the remaining shares.
Dangote had earlier clarified in 2024 that the NNPC’s actual ownership in the refinery was 7.2 per cent and not the widely reported 20 per cent, explaining that the oil company failed to pay the balance required under the agreement.
“The agreement was actually 20 per cent, which we had with NNPC, and they did not pay the balance of the money up until last year,” he had said.
Dangote also identified government policy inconsistency as one of the biggest risks facing businesses in Nigeria, alongside the possibility of civil unrest.
“The other biggest risk is government inconsistencies in policies,” he stated.
Findings further showed that petrol supply from the refinery rose significantly in the first quarter of 2026, reaching about 3.18 billion litres, while fuel imports dropped sharply to 965.52 million litres within the same period.
The average domestic ex-depot petrol price from the refinery between January and March 2026 stood at about ₦1,000 per litre, indicating that the refinery supplied over ₦3.2tn worth of petrol into the Nigerian market during the review period.
The refinery has also reportedly benefited from rising global tensions involving the United States and Iran, with disruptions in the oil market boosting exports of refined petroleum products.
Speaking on the company’s investment strategy, Dangote said future investors in the group’s businesses, including cement, petrochemicals, fertiliser and refining, would receive dividends in dollars because most of the company’s revenue now comes from exports.
“What we are announcing is that when you invest in any of our businesses going forward, we guarantee to pay you a dividend in dollars because we are very well into exports. Eighty per cent of our revenue will be in dollars,” he said.
Dangote also recounted how he sold his luxury properties in the United States and the United Kingdom to focus fully on industrial development in Nigeria.
“When I decided to go into the industry, I sold all my properties in the US and the UK. I wanted to really sit in Nigeria and concentrate,” he said.
He explained that his business philosophy is driven by identifying products Nigerians heavily import and producing them locally through backward integration.
According to him, the refinery project received financial backing from several institutions, including Afreximbank, Africa Finance Corporation, Zenith Bank, Access Bank, United Bank for Africa, Standard Bank and Standard Chartered.
Meanwhile, former NNPC spokesman, Olufemi Soneye, had previously explained that the company reduced its intended refinery stake to channel funds into compressed natural gas projects.
…as SSDO calls for improved youth policy implementation
By Chinedu Adonu
Stakeholders have urged Nigerian youths to unite and take active roles in political leadership in line with the youth policy framework aimed at shaping the future of the nation.
They also cautioned youths against engaging in praise-singing for politicians or allowing themselves to be used as political thugs against fellow youths for token benefits.
The call was made during a stakeholders’ engagement on the Enugu State Youth Policy Implementation Framework organised by the Enugu State Ministry of Youth and Sports in collaboration with the South Sahara Social Development Organisation (SSDO), with support from ActionAid Nigeria and the Danish International Development Agency (DANIDA).
Speaking during the engagement, the Head of Programme at SSDO, Udochukwu Egwim, said the programme was designed to deepen understanding and improve implementation of the Enugu State Youth Policy, which was domesticated into state law in 2025.
He clarified that the exercise was not intended to review the policy, which remains valid until 2029, but to help ministries, departments, agencies, and young people understand their responsibilities and the provisions of the policy.
According to him, the programme, supported by ActionAid Nigeria and DANIDA, was timely as preparations for the 2027 budget cycle would soon commence.
“We want MDAs to align their projects and budgets with the youth policy and ensure young people are considered in decision-making,” he said.
Egwim lamented the absence of effective reporting structures to monitor implementation of the policy since it came into effect, noting that local governments and ministries were expected to submit reports on youth-related programmes to the Ministry of Youth and Sports.
“The issue is not the absence of the document, but the implementation structure. We cannot accurately assess progress because reporting mechanisms have not been fully operationalised,” he stated.
He added that the engagement would also focus on strengthening coordination, accountability, and funding mechanisms needed to drive effective implementation of the policy.
Also speaking, the President of the Enugu State Youth Parliament, Chibuike Okechi, described the programme as an important platform for uniting youths across the state and enabling them to make submissions on challenges affecting them in their various communities.
“I believe that at the end of this programme, youths will gain valuable insights that will help unite us towards achieving a common goal,” he said.
A Director in the Ministry of Youth and Sports, Mrs Ezezuo Chidimma, expressed satisfaction that Enugu State now has its own youth policy similar to the National Youth Policy.
“Before now, we relied on the national policy to implement youth programmes, but today we are using the Enugu State policy, which will make implementation easier and more effective,” she stated.
Peter Obi Praises Air Peace London Experience, Commends Complimentary SIMPLAA Ride Service
Former Anambra State Governor and presidential candidate, Mr. Peter Obi, has applauded Air Peace for delivering what he described as a seamless and impressive travel experience on its London route.
Speaking upon arriving in London aboard Air Peace, Obi commended the airline’s service delivery and encouraged Nigerians to support the indigenous carrier. “Since the inception of Air Peace’s London flights, each one of these experiences with Air Peace have been very smooth and very exciting, and I believe that we should all patronize Air Peace,” he said.
Obi also highlighted the airline’s complimentary drop-off ride service in partnership with SIMPLAA, noting that the added convenience further enhanced the travel experience.
“The whole experience of having even the complimentary drop-off ride makes it even more fascinating,” he added.
The complimentary ride service, introduced as part of Air Peace’s customer experience offering for its London route, is designed to provide seamless transportation for Business Class and First Class passengers upon arrival, reinforcing the airline’s commitment to comfort, convenience, and world-class service.
Since commencing its Lagos-London operations, Air Peace has continued to position itself as a strong player in international aviation, offering competitive fares and enhanced passenger-focused services while promoting national pride in Nigeria’s aviation industry.
The Federal Government has announced 150 as the minimum cut-off mark for admission into universities and nursing schools across the country.
The decision was reached during the policy meeting on admissions organized by the Joint Admissions and Matriculation Board (JAMB) with stakeholders in the education sector.
According to the government, candidates seeking admission into universities and nursing institutions are expected to score at least 150 in the Unified Tertiary Matriculation Examination (UTME) to qualify for consideration.
The meeting also reviewed admission guidelines for polytechnics, colleges of education, and other tertiary institutions as part of efforts to maintain standards in the nation’s education system.
Stakeholders at the meeting urged institutions to ensure transparency and fairness in their admission processes while advising candidates to strictly adhere to admission requirements.
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