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Governor Mohammed Questions Nigerians’ Diminished Benefits from Oil, Gas

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By Gabriella Ogbu

Bauchi State Governor, Bala Mohammed, has called on the Federal Government to explain why Nigerians no longer benefit directly from the country’s oil and gas resources, particularly subsidies.

The governor raised this concern on Monday during a courtesy visit by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

The visit was in preparation for the 2024 National Council on Finance and Economic Development (NACOFED) conference, which Bauchi State is set to host.

Governor Mohammed criticized the lack of tangible benefits for Nigerians despite the country’s status as one of the largest oil producers in the world.

He questioned the resource distribution policies of the current administration, led by President Bola Tinubu, and called for greater transparency.

“It’s a miracle that we are one of the biggest oil-producing nations, yet we have not benefited for some time now.

“The government must explain this to the people. Transparency and inclusion are key,” the governor said.

He stressed the need for effective management of oil proceeds to ensure they are deposited into the national treasury and equitably distributed among states.

Highlighting the critical role of states in national development, he stated, “You need to boost production and ensure that the resources are deposited into our national treasury so they can be equitably distributed.

“Financial services must be provided to the states to help us improve productivity and manage resources efficiently. Without us, there is no Federal Government.”

Governor Mohammed clarified that his demand was not confrontational but rooted in the need for fairness and transparency in resource allocation.

“All we ask for is transparency and for everyone to be treated equally,” he added, reiterating his loyalty to the Federal Government.

In his remarks, Minister Wale Edun explained that his visit was part of preparations for the 2024 NACOFED conference.

He commended Governor Mohammed for hosting the event and highlighted its significance as a platform for fostering trust and understanding of the financial and economic needs of Nigeria’s states.

“The conference will provide a platform for meaningful conversations that foster trust, improve understanding of each state’s financial and economic needs, and recognize the resources, skills, and potential available across the country,” Edun stated.

The minister concluded by emphasizing that insights from the conference would contribute significantly to unlocking Nigeria’s full potential at both individual and collective levels.

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NNPP Disowns Planned Protest Against INEC

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By Omoniyi David

The New Nigeria Peoples Party (NNPP) has disowned a planned protest against the Independent National Electoral Commission (INEC) scheduled for Tuesday, January 20, 2026, in Abuja and other parts of the country.

In a statement issued Monday from its National Secretariat in Abuja, the party said reports linking it to the proposed protest were false, describing the planned demonstration as illegal.

The statement, signed by the NNPP National Publicity Secretary, Ladipo Johnson, said the organisers of the protest were impostors and not members of the party.

The NNPP cited a Federal High Court judgment delivered on April 18, 2024, in Suit No. FHC/ABJ/CS/1354/2024, in which Justice Emeka Nwite upheld the expulsion of the individuals involved.

The party urged the public and security agencies to disregard any attempt to associate it with the protest, reaffirming its commitment to lawful and democratic engagement.

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2025 Awards Night: ACCI Spotlights Business Excellence, International Collaboration

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By Ade Iyamoye 

The Abuja Chamber of Commerce and Industry (ACCI), on Tuesday celebrated outstanding contributions to enterprise development and international cooperation at its 2025 Awards and Dinner Night, with a renewed commitment to building a resilient, globally competitive business community.

Speaking at the event held at the Prince Adetokunbo Kayode SAN Trade and Convention Centre, ACCI President, Chief Emeka Obegolu, SAN, PhD, said the awards night was a moment of appreciation for businesses and individuals whose innovation, perseverance and investments continue to drive Nigeria’s economy.

Obegolu said the Chamber had made “meaningful progress” over the past year in line with its vision to strengthen infrastructure, facilitate trade, build capacity, professionalise the Secretariat, expand global partnerships and reposition the ACCI brand.

He highlighted the ACCI Business, Entrepreneurship, Skills and Training (BEST), Centre as a key intervention aimed at skills development and entrepreneurship, preparing members and young Nigerians to compete locally and globally.

According to him, ongoing projects around the Chamber are designed to create a sustainable commercial ecosystem and long-term value for members.

The ACCI president also underscored the importance of engagement with government institutions, development partners and the diplomatic community, noting that such collaborations have enhanced the Chamber’s credibility and positioned it as a vital platform for dialogue.

“The presence of ambassadors and members of the diplomatic corps here tonight underscores the growing international interest in Abuja as a business destination,” Obegolu said, adding that business, beyond profits and policies, is ultimately about people.

He reaffirmed ACCI’s commitment to delivering value to members, growing its membership base and attracting investment that will contribute to Nigeria’s economic growth and global competitiveness.

On his part, the Brazil’s Ambassador to Nigeria, Carlos Garcete, commended ACCI for its role in deepening bilateral trade and cultural relations between Brazil and Nigeria, describing 2025 as a “remarkable year” for relations between both countries.

Garcete cited multiple high-level exchanges, including visits by President Bola Tinubu to Brazil for the G20, BRICS and a state visit, reciprocal visits by ministers and vice presidents of both countries, and Nigeria’s participation in COP30.

He particularly praised ACCI’s instrumental role in the Brazilian trade mission led by ApexBrasil, which brought over 40 Brazilian companies and more than 60 business leaders to Nigeria, the largest standalone Brazilian business delegation to the country.

Receiving the ACCI Award for Promotion of Cultural and Economic Exchange on behalf of the Brazilian Government, Garcete described the honour as both recognition and a call to sustain strong cooperation, expressing optimism for deeper collaboration in 2026.

The event brought together captains of industry, diplomats, partners and stakeholders for networking and celebration, reinforcing ACCI’s role as a bridge between Nigerian enterprise and the global business community.

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Again, Four Rice Farmers Abducted in Kwara

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By Huldah Shado

Terrorists abducted four rice farmers in Bokungi Village, Edu LGA, Kwara State, on Wednesday evening, local sources confirmed.

The victims were attacked while harvesting rice, less than 24 hours after gunmen targeted a church in Eruku, Ekiti LGA.

Residents said the armed men forced the farmers into nearby bush before moving them to an unknown location.

Community members warned that growing insecurity is driving farming settlements to near desertion, as farmers avoid working in vulnerable areas.

The Kwara State Police Command has yet to comment.

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