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NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
*Approves completion of Zungeru hydroelectric power plant concession
*Ratifies NCP standing committees
By: Our Reporter
In a bid to ensure better service delivery in line with the Renewed Hope Agenda of the Tinubu administration, the National Council on Privatization (NCP) has set up an ad hoc committee to fast-track the restructuring and resuscitation of the Bank of Agriculture (BOA).
The Vice President, Sen. Kashim Shettima, who chaired the maiden meeting of the reconstituted NCP at the Presidential Villa, Abuja, emphasised the importance of the tasks before the new Council, particularly the rejuvenation of BOA, among others.
Speaking after the presentation of the agenda and matters arising by the Director General of the Bureau of Public Enterprises (BPE), Dr Alex Okoh, the VP listed the composition of the ad hoc committee, saying a lot will depend on the decisions of the Council in the months ahead.
“We have to make some far-reaching decisions on the restructuring of the Bank of Agriculture because the bank will be critical to the realization of the Renewed Hope Agenda of the Tinubu administration. It is very important for us and for this administration,” he noted.
According to the Vice President, the Finance Minister, Mr Wale Edun will Chair the ad hoc committee, while members include, Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Atiku Bagudu; CBN Governor, Dr Yemi Cardoso; Rep of the Ministry Of Finance Incorporated (MOFI); Chairmen of the NCP Technical and Legal Committees; a member of the NCP, Alhaji Mohammed Mustapha Bintube, and the DG BPE will serve as Secretary.
VP Shettima urged the committee to come up with a roadmap for the resuscitation of the BOA, among other resolutions.
The Vice President had earlier in his opening address set the tone for the deliberations, urging members to take every task seriously. “We will be meeting more frequently because we have to support the President to execute the Renewed Hope Agenda,” he noted.
The Council also approved the completion of the concession of the 700MW Zungeru Hydroelectric Power Plant and particularly directed the opening of a dedicated account at the Debt Management Office for the payment of the concession fees by the concessionaire.
Vice President Shettima directed the CBN governor to commence the opening of the account at the DMO as proposed by the BPE.
Yet another major decision taken at the meeting was the ratification of constituted standing committees for the Council, comprising the Technical, Stakeholder Engagement, Finance and Legal committees.
Also approved at the maiden NCP meeting was the 2024 work plan of the Bureau of Public Enterprises (BPE) covering its privatization activities and participation in international forums to attract interest in the country’s privatization programme.
Present at the meeting were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; CBN Governor, Dr Yemi Cardoso, and Chairman of the reconstituted Technical Committee, Mr Oye Odukale, among other Council members.
NCP HITS GROUND RUNNING, SETS UP COMMITTEE ON RESTRUCTURING OF BANK OF AGRICULTURE
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Two Forest Security Guard Members arrested in Ogun for extortion, illegal possession of firearms
Two Forest Security Guard Members arrested in Ogun for extortion, illegal possession of firearms
By: Zagazola Makama
Two men claiming to be members of the Nigeria Forest Security Services (NFSS) have been arrested in Sagamu, Ogun State, for illegal possession of firearms and extortion of motorists.
Zagazola Makama report that the arrest was made on Dec. 28, 2025, at about 8:32 p.m. following a report that three men dressed in security uniforms were sighted along Ikenne Road, near the NYSC Orientation Camp, collecting money from motorists while visibly armed with hunter-style guns.
Upon receiving the information, operatives from the Sagamu Division raced to the scene and apprehended two suspects: Emmanuel Idu, 55, and Sunday Moses, 35. A third suspect, identified as Oyilo David, 35, fled the scene and is currently at large.
During preliminary interrogation, the arrested men claimed to be attached to the Sagamu NFSS unit operating along Agbele Road by Otunba Gbenga Daniel Market. They also stated that the locally fabricated guns recovered from them were issued by a Commander Kehinde Joseph, allegedly supervising their operations.
In addition to the firearms, security operatives recovered one unexpended cartridge and the sum of ₦1,000 in ₦200 denominations from the suspects.
Authorities disclosed that one of the suspects had previously been implicated in a motorcycle theft case in Abeokuta, where the stolen motorcycle was recovered, and charges were filed in court.
The suspects have been transferred to the State Criminal Investigation and Intelligence Department (SCIID), Abeokuta, for further investigation.
Two Forest Security Guard Members arrested in Ogun for extortion, illegal possession of firearms
Troops neutralise key Boko Haram commanders in Bama airstrikes
By: Zagazola Makama
Troops of Operation Hadin Kai, supported by Nigerian Army and Nigerian Air Force platforms, have neutralised several key Boko Haram terrorist commanders during coordinated airstrikes in Bama Local Government Area of Borno State.
Sources told Zagazola Makama that the airstrikes were conducted on Dec. 25, 2025, following actionable human intelligence on terrorist movements in the area.
According to the sources, no fewer than 10 Boko Haram terrorists were killed in the initial airstrike. Those neutralised included Abul Kaka, Ibn Mu’azu, Abu Muhammad, Ba Alhaji, Bakura, Modu, Abu Hassan, Kaka Alai, Abba Yakariye and Bamusa.
The sources further disclosed that another terrorist, identified as Ubaida, sustained serious injuries during the strike.
The sources added that a subsequent follow-up strike by Nigerian Air Force assets led to the instant killing of three additional terrorists.
Security sources confirmed that the majority of the neutralised fighters were loyal to Bafu, a notorious Boko Haram commander operating in the Bama axis.
An assessment of the operation indicated a significant degradation of Boko Haram’s fighting capability in Bama, particularly among elements under Bafu’s command, as a direct outcome of the sustained air campaign.
The sources noted that while the general security situation in the area remains calm, it is still considered unpredictable due to the fluid nature of insurgent activities.
Troops neutralise key Boko Haram commanders in Bama airstrikes
IPOB attack Enugu police patrol team, kill two officers and seize firearms
By: Zagazola Makama
Two police inspectors have been killed and three rifles stolen following an attack on a Distress Response Squad (DRS) patrol along Zik Avenue by Good Shepherd Specialist Hospital in Enugu State.
Zagazola gathered that the incident occurred at about 8:30 p.m. on Dec. 27, 2025, when six armed men, suspected to be members of IPOB/ESN, operating in an ash-coloured Lexus RX 350 SUV, attacked and set ablaze the patrol Hilux vehicle.
The sources identified the slain officers as Inspectors Valentine Iheme and Ani Anayo, both members of the DRS team. The assailants carted away three AK-47 rifles with 30 rounds of live ammunition each.
According to the sources, all tactical teams and assets of the command have been activated and deployed in pursuit of the suspects, with a view to neutralising them and recovering the stolen firearms.
The sources said that the Enugu State Police Command has vowed to bring the perpetrators to justice.
IPOB attack Enugu police patrol team, kill two officers and seize firearms
Notorious drug peddler killed during police raid in Katsina
Two Forest Security Guard Members arrested in Ogun for extortion, illegal possession of firearms
Troops neutralise key Boko Haram commanders in Bama airstrikes
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