National News
We Are Building Viable, Globally Competitive Economy, Says President Tinubu

We Are Building Viable, Globally Competitive Economy, Says President Tinubu
** Lauds First Bank’s legacy of innovation, adaptability at groundbreaking for new headquarters
By: Our Reporter
President Bola Ahmed Tinubu has said his administration is working assiduously to create a system that is sustainable and globally competitive for Nigerian banks and other financial institutions to thrive.
He noted that government policies under his administration are motivated by the reality that the nation no longer has the luxury of time to postpone its economic transformation.

President Tinubu, who spoke on Wednesday when he performed the groundbreaking ceremony for a new state-of-the-art headquarters of First Bank of Nigeria at Eko Atlantic City in Lagos State, observed that banks can only prosper under a thriving economy.
Represented at the event by his deputy, Vice President Kashim Shettima, the President however pointed out that what his “administration does and sets out to accomplish rests on the cooperation and capacity of” the financial institutions.
“Banks are the engines of economic growth, and we owe it to them to champion a system that guarantees sustainability and global competitiveness. Our expectation is for our banks to excel, to expand beyond our shores, and to earn their place among the world’s most viable and profitable enterprises,” he stated.

President Tinubu maintained that his administration is working to create an enabling environment for businesses to flourish despite assuming office at a time that required difficult but necessary decisions to stabilise the nation’s economy.
He said, “We assumed office at a time that demanded bold, progressive thinking—a time that called for difficult but necessary decisions to stabilise our fiscal and monetary landscape. Our policies are inspired by the reality that we can no longer afford to postpone our economic transformation.
“This administration is committed to creating an enabling environment for businesses to flourish, and I assure you that you have a partner in this government. We are here to climb the hills of progress with you.”

The President commended First Bank for standing the test of time, saying the secret of the bank’s steadfastness, legacy of innovation and adaptability lies in the art of reinvention.
“From the Bank of British West Africa to Standard Bank of West Africa and, finally, to this 130-year-old success story, First Bank has remained a towering institution, outliving disruptions and redefining banking through the decades.
“In an industry where the fate of many banks is sealed in the dusty pages of history, surviving—let alone thriving—demands more than just calculated risks; it takes ambition, and the brilliance of refined minds. I join you here today to celebrate a legacy of innovation and adaptability that has kept First Bank ahead of the curve,” he added.
President Tinubu congratulated the board and management of First Bank for investing in a new head office, noting that it is a reassurance to the bank’s “customers, shareholders, and the government that Nigeria’s oldest financial institution is not resting on its laurels.”
He continued: “I understand all too well that history demands the best of us. The ability to manage risk is what distinguishes great banks from transient institutions.
“This groundbreaking ceremony is not just about laying the foundation for a new edifice; it testifies to First Bank’s commitment to reinvention—to adapting to the realities of our time while staying true to its heritage.
“The decision to establish this state-of-the-art headquarters in Eko Atlantic City is symbolic of a vision that extends beyond the present, positioning First Bank as a financial powerhouse in Nigeria and beyond.”
In his remarks, Lagos State Governor, Babajide Sanwo-Olu, thanked Vice President Shettima for the work he is doing for the country in support of the President.
The Governor poured encomiums on President Bola Tinubu, recalling that he was in his cabinet when the idea to create Eko Atlantic City was birthed, many of the cabinet members expressing doubt about the possibility to create a dry ground out of the bar beach.
“We want to set Lagos on a trajectory of becoming the centrepiece of finance and commerce not only in Nigeria but Africa and beyond. It will be Africa’s mega city that is safe and secure to take the mantle of leadership in the financial sector.”
Sanwo-Olu thanked the Chairman of First Bank of Nigeria (FBN) Holdings, Femi Otedola, noting that while he is economical with his words, each statement he makes carries significant weight.
Also speaking, Ogun State Governor, Prince Dapo Abiodun, said it was an honour to witness what could be aptly described as an iconic building and a significant milestone for the First Bank.
He noted that the building further redefines First Bank and its resilience in the banking industry, saying “this is bold, audacious, what tenacity is all about and First Bank has always blazed the trail.”
According to him, First Bank has since 1894 evolved into a bank with well over seven hundred branches in Nigeria and worldwide.
On his part, Chairman of First Bank Holdings, Chief Otedola, expressed gratitude and excitement over the groundbreaking ceremony, just as he eulogized President Tinubu “for his unalloyed support for this great project.”
Otedola also praised Vice President Shettima for being at the forefront of encouraging development in the country, even as he thanked the Lagos State Governor for his unwavering support and creating a conducive atmosphere for doing business in the state.
He also expressed gratitude to customers of First Bank, the regulators, especially the Governor of Central Bank of Nigeria for stabilising the activities of the services industry in the country, among others.
Welcoming the dignitaries and other guests to the ground breaking event, Managing Director and CEO of First Bank Plc, Mr. Olusegun Alebiosu, said since its establishment in 1894, First Bank had been at the forefront of Nigerian banking evolution, stressing that the journey of the bank has been defined by accountability, transparency and unwavering commitment to customers.
“It is a legacy that stood the test of time – over 13 decades, engulfing the financial landscape of our great nation and continuously shaping the business of banking in Nigeria and beyond,” he stated.
In his goodwill message, the chairman of Dangote Group, Alhaji Aliko Dangote, commended the Chairman of First Bank Group and his Board members “for building the massive structure,” describing it as always being first while others follow.
He said he is being challenged to join First Bank in Eko Atlantic City, noting, however, that after delivering the refinery, he needed to rest but will join Eko Atlantic City in the near future.
We Are Building Viable, Globally Competitive Economy, Says President Tinubu
National News
President of the ECOWAS Court of Justice Pays Courtesy Visit to the Chief Judge of Lagos State

President of the ECOWAS Court of Justice Pays Courtesy Visit to the Chief Judge of Lagos State
By: Michael Mike
As part of the preparation for its upcoming External Court Sessions and sensitization campaign scheduled to take place respectively from 5 to 7 May and from 8 to 16 May 2025 in Lagos, the President of the ECOWAS Court of Justice, Hon. Justice Ricardo Cláudio Monteiro Gonçalves, led an advance delegation of the Court to Lagos from 28 April to 4 May 2025.
On 30 April 2025, the President paid a courtesy visit to the Chief Judge of Lagos State at the Lagos High Court’s premises, during which both judicial leaders engaged in a rich and forward-looking discussion on legal collaboration, institutional challenges, and the role of regional justice mechanisms in West Africa.
Welcoming the delegation, Honorable Justice Kazeem Olanrewaju Alogba, the Chief Judge of Lagos State expressed deep appreciation for the visit, describing it as an honour to host such a distinguished judicial institution. He commended the ECOWAS Court for its high standards of jurisprudence and its commitment to justice in the sub-region. Acknowledging the Court’s achievements, he emphasized the importance of continued collaboration and exchange between national and regional judicial bodies.
The Chief Judge provided an overview of the Lagos State Judiciary’s structure and recent developments, including its expansion across five judicial divisions (Lagos Island, Ikeja, Epe, Badagry, and Ikorodu) and newer courts in high-density areas like Iba and Yaba. He also outlined plans to establish more courts along underserved areas such as the Apapa–Badagry corridor, with support from local authorities and the judiciary’s leadership.
While highlighting that the judiciary in Lagos enjoys a fair degree of government support, the Chief Judge noted infrastructural constraints, particularly the adaptation of their current facility following the destruction of the previous High Court during the #EndSARS protests.
On the issue of enforcement of regional court decisions, the Chief Judge echoed a familiar challenge: the difficulty of enforcing judgments in sovereign states with diverse political climates. He noted, however, that international charters must be respected once ratified, and that the existence of judicial bodies like the ECOWAS Court play a vital role in ensuring legal accountability and curbing impunity, even when direct enforcement mechanisms are limited.
In his response, President Ricardo who was accompanied by his Vice president, Honorable justice Sengu Mohamed Koroma and Dr. Yaouza Ouro-Sama, the Chief Registrar of the Court expressed gratitude to the Chief Judge and his colleagues for the warm welcome and institutional support. He emphasized that the visit and upcoming court activities in Lagos would not have been possible without their cooperation. He took the opportunity to extend a formal invitation to the Chief Judge to attend the opening ceremony of the ECOWAS Court’s next judicial year, expected to take place in October or November 2025.
President Ricardo acknowledged the withdrawal of three member states from ECOWAS, which has reduced the number of participating states in the Court from 15 to 12. He described the development as regrettable but affirmed the Court’s continued commitment to its mandate.
He also outlined the ECOWAS Court’s core jurisdictions, which include: human rights protection (representing over 80% of its caseload), interpretation and application of ECOWAS legal instruments, disputes involving community civil servants, and advisory legal opinions to ECOWAS institutions.
Finally, the President highlighted the upcoming sensitization campaign, to be held from 5 to 7 May 2025 in Lagos, aimed at increasing public awareness about the Court’s role and improving access to regional justice.
President of the ECOWAS Court of Justice Pays Courtesy Visit to the Chief Judge of Lagos State
National News
President Tinubu Poised To Unleash Nigeria’s Full Potential On African Continent, Says VP Shettima

President Tinubu Poised To Unleash Nigeria’s Full Potential On African Continent, Says VP Shettima
** As FG seeks stronger ties with Berlin’s Hertie School on human capital development
By: Our Reporter
Vice President Kashim Shettima said President Bola Ahmed Tinubu is fully committed to unlocking Nigeria’s full potential and positioning the country as a leading force on the African continent, driven by strategic investments in human capital and bold economic reforms.
According to him, Nigeria is actively seeking expertise from the global best institutions to enhance policy formulation and implementation, particularly in human capital development.

Speaking during a visit by a delegation from the Hertie School of Governance, Berlin, led by Senior Fellow Dr. Rolf Alter, at the Presidential Villa in Abuja on Wednesday, the Vice President noted that President Tinubu is determined to elevate Nigeria to its rightful position as a leading force in Africa.
“The current crop of leadership in Nigeria under President Bola Ahmed Tinubu is ready and willing to unleash the full potential of the Nigerian nation on the African continent. We are laying the groundwork through strategic reforms, and at the heart of it is human capital development,” VP Shettima stated.

He described the Hertie School as a valuable partner in the journey, noting that “Hertie School of Governance, Berlin, has the track record and institutional knowledge to add value to our policy formulation and delivery, especially in this disruptive age.”
Reiterating the government’s priority on upskilling Nigerians, VP Shettima said, “Skills are very important, and with our Human Capital Development (HCD) 2.0 programme, we are in a position to unleash the full potential of the Nigerian people by enhancing their capital skills.”
The Vice President acknowledged the vital support of international development partners in this effort: “I want to thank the World Bank, the European Union, the Bill and Melinda Gates Foundation, and all our partners in that drive to add value to the Nigerian nation,” he maintained.
Specifically, the Vice President said human capital development is both an economic imperative and a social necessity, just as he said, “We can only turn our demographic bulge into a demographic dividend when we invest in the human capital of the people.”
Assuring the visiting delegation of the government’s readiness to deepen cooperation, he said, “We need the skills and the capacity from your school. The world is now knowledge-driven. I wish to implore you to have a very warm and robust partnership with the government and people of Nigeria.”

VP Shettima further explained recent economic decisions of the government, including fuel subsidy removal and foreign exchange reforms, saying, “The removal of fuel subsidy, the unification of the exchange rate regime and the revolution in the energy sector are all painful processes, but at the end of the day, the Nigerian people will laugh last.
“President Bola Ahmed Tinubu is a very modern leader who is willing to take far-reaching, courageous decisions to reposition the Nigerian economy,” he added.
Earlier, the leader of the delegation, Dr Alter, congratulated the Tinubu administration for the successful launch and implementation of the Human Capital Development (HCD) strategy, which he described as ambitious and targeted towards the improvement of the lives of the citizens.
He expressed satisfaction with the outcome of his engagements since arriving in the country, applauding the zeal, commitment, energy and goodwill observed among stakeholders in the implementation of Nigeria’s HCD programme.
Dr Alter said the Hertie School of Governance will work closely with authorities in Nigeria across different levels to deliver programmes that are specifically designed to address the unique needs of the country.
He, however, stressed the need for government officials at different levels to be agile and amenable to the dynamics of the evolving world, particularly as Nigeria attempts to successfully accelerate its human capital development aspirations.
Also present at the meeting were the Ambassador of Germany to Nigeria, Annett Gunther; Director General of the Nigerian Governors Forum (NGF), Dr Abdulateef Shittu; Permanent Secretary in the Ministry of Foreign Affairs, Amb Dunoma Ahmed; representatives of the Director General of the Budget Office, the Gates Foundation, the World Bank and other officials from the Hertie School of Governance, among others.
President Tinubu Poised To Unleash Nigeria’s Full Potential On African Continent, Says VP Shettima
National News
NIMC Announces Price Review for Services

NIMC Announces Price Review for Services
By: Michael Mike
National Identity Management Commission (NIMC) has announced a price review for its products and services.
Some of the services offered by the Commission include: modification like date of birth, name , address , phone number , Diaspora Enrolment, and verification service, among others
A statement on Thursday by the Commission’s Head, Corporate Communications Unit, Dr. Kayode Adegoke read: “The National Identity Management Commission (NIMC) wishes to inform the general public of a price review for its products and services. After a decade of maintaining the same pricing structure, NIMC has conducted a comprehensive review to ensure alignment with current operational costs and industry standards.
“The revised pricing structure aims to maintain the quality and integrity of NIMC’s services while ensuring affordability and accessibility for Nigerians. The new prices will take effect immediately.
“NIMC warns all Front-End Partners (FEPs) to adhere strictly to the new pricing structure. Any FEP found charging more than the approved rates will face sanctions, including license revocation.”
Adegoke assured that: “NIMC is committed to protecting the interests of Nigerians and ensuring that our services are delivered at fair and transparent prices.”
He disclosed that: “The new pricing structure will be published on NIMC’s website -www.nimc.gov.ng (where it will be accessible to all Nigerians and relevant stakeholders.
NIMC reaffirmed its commitment to providing secure and reliable identity services to Nigerians, encouraging
the public to report any FEP charging above the approved rates to its inspectorate and enforcement unit via ieu@nimc.gov.ng or call 08155015388.
Meanwhile, the NIMC DG/CEO, Engr Abisoye Coker-Odusote has thanked Nigerians, sister agencies and all the Commission partners for their steadfast support, while expressing her deep appreciation to President Tinubu, the Minister of Interior, Dr Olubunmi Tunji-Ojo, Harmonization partners, Management and staff of NIMC for their immeasurable support towards building a strong and lasting National Identity System.
NIMC Announces Price Review for Services
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