News
Borno Flood: Zulum Presents N61 billion Supplementary Budget for Reconstruction
Borno Flood: Zulum Presents N61 billion Supplementary Budget for Reconstruction
By: Michael Mike
Borno State Governor, Babagana Umara Zulum, in order to begin reconstruction of damage infrastructure as a result of devastating flood which submerged over half of the capital city, Maiduguri and its environs, has requested the State House of Assembly for an additional N61 billion to the initial N358.7 billion total budget size which was signed into law on January 10, 2024.
The governor’s request was read on the floor of the State Assembly by the Speaker of the House, Abdulkarim Lawan, seeking to amend the 2024 appropriation act.
The additional funding would specifically target key infrastructures that were severely damaged by the September 10 flood which affected nearly 2 million people and completely submerged parts of Maiduguri and surrounding local government areas.
In addition to the reconstruction of key infrastructure, the supplementary budget would also cover the funding of other government expenditures such as emergency relief and humanitarian aid, support to farmers, economic recovery as well as environmental management.
Zulum on Thursday conducted the assessment of the destroyed bridges, road networks and hospitals to ascertain the extent of damage. He noted that the devastation from the flood was massive.
Meanwhile, Borno State House of Assembly has extended sympathy and condolences to the flood victims. The house also commended individuals, local and international organisations, state governments, medical personnel, and security agencies for their contributions in ameliorating the plight of affected persons.
Borno Flood: Zulum Presents N61 billion Supplementary Budget for Reconstruction
Security forced arrested three over illegal arms dealings in Bauchi
By: Zagazola Makama
Three men have been arrested for allegedly engaging in illegal weapons dealings in Bauchi State, security sources said.
The suspects, identified as Peter Pama and Saleh Monday, both of Iburu, and Sunday Makama of Kasuwan Magani, were apprehended on Feb. 17 following intelligence on illicit arms activities.
Zagazola gathered that one locally fabricated AK-47 rifle and one fabricated pump-action gun from the suspects.
Investigations into the case are ongoing as security agencies work to determine the full extent of the arms network.
Security forced arrested three over illegal arms dealings in Bauchi
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
By: Zagazola Makama
Joint troops of Operation FANSAN YANMA have repelled an armed bandit attack in Gida Soda Village, Katsina State, neutralising two attackers and recovering a motorcycle, security sources said.
The incident reportedly occurred at about 12:45 a.m. on Feb. 17 when suspected bandits stormed the village. Troops, acting promptly in coordination with local police and Civil Watch Patrol Teams, engaged the attackers in an intense gunfight, forcing the criminals to flee.
During the operation, two of the bandits were neutralised, and a Boxer-brand motorcycle belonging to the group was recovered.
Tragically, one resident, Hassana Muhammad, 30, was reportedly fatally shot during the attack. She was rushed to Dansoda Hospital, where she was pronounced dead by medical personnel.
Sources said efforts to track fleeing bandits and secure the area are ongoing.
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
By: Michael Mike
The 2026 edition of the Aquarian Consult’s Afri-Caribbean Investment Summit (AACIS’26) will focus on boosting trade, investment, and private sector partnerships between Africa and the Caribbean, targeting a combined market valued at $40 trillion across Africa, the Caribbean, and the Americas.
The Chief of Staff of Aquarian Consult Ltd, Serumun Ubwa, disclosed this while briefing journalists in Abuja, ahead of the summit scheduled for March 23–28, 2026.
She described AACIS as a strategic platform designed to connect African businesses with Caribbean partners, attract foreign investment, and promote sustainable economic collaboration across key sectors.
Ubwa highlighted that the inaugural AACIS in 2025 achieved landmark outcomes, including the establishment of the first direct flight from Africa to Saint Kitts and Nevis, the signing of Memoranda of Understanding in agriculture and cultural exchange, and a $40 million deep-water port agreement. She said these successes set the stage for the 2026 summit, which will expand opportunities for trade and investment.
She revealed that the 2026 summit will introduce two specialized events: the Afri-Caribbean Agriculture and Food Security Summit (March 23–24) and the Afri-Caribbean Health Summit (March 26), running alongside the main Investment Summit from March 25–28.
“By focusing on agriculture and healthcare, we aim to strengthen regional cooperation, enhance food security, open new export markets for African producers, and support policy frameworks that reduce import dependence in the Caribbean,” Ubwa said.
She added that the summit will feature structured Business-to-Business (B2B) and Business-to-Government (B2G) matchmaking sessions, an Investor Deal Room managed by investment promotion agencies, and sector-specific engagements in agriculture, healthcare, pharmaceuticals, renewable energy, tourism, digital technology, and the creative economy.
Ubwa added that over 2,000 participants are expected, including current and former heads of government, sovereign wealth funds, multilateral institutions, and private sector leaders. She emphasised that AACIS seeks to strengthen South-South cooperation and increase Africa-Caribbean trade, which currently represents less than one per cent of total trade between the regions.
Interested participants are expected to register for the summit at www.aquarianconsult.com/AACIS.
AACIS’26 Set to Open $40 Trillion Africa-Caribbean Market
Bandit attack in Zamfara leaves one dead, three abducted
Security forced arrested three over illegal arms dealings in Bauchi
Joint troops repel bandit attack in Katsina, neutralise two and recover motorcycle
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