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NSCDC FCT COMMANDANT CALLS FOR REGULATION OF PANTAKER MARKETS
NSCDC FCT COMMANDANT CALLS FOR REGULATION OF PANTAKER MARKETS
By: Michael Mike
The Commandant, Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory (FCT) Command, Dr. Olusola Odumosu has called for the regulation of Pantaker markets in the FCT.
He said this while addressing personnel of the Command during the Monday muster parade at the NSCDC FCT Command Headquarters.
Odumosu said that, it was imperative for the FCT administration to regulate Pantaker markets in the territory as intelligence gathered revealed that most vandalized items end up in pantaker markets for sale.
“With the proliferation of pantaker markets all over the city, and the suburbs, criminals have ready markets to sell vandalized metals, iron, aluminium, armoured cables, scraps and other stolen items which had increased the spate of vandalism of public properties in the FCT.
“There is a need to address pressing concerns related to the sale and purchase of second hand goods in pantaker markets which currently lacks comprehensive and diligent oversight.
“Regulation, monitoring and enforcement of compliance with government policy will help curb to a reasonable extent the cases of vandalism of infrastructure in the territory,” he said.
According to him, proper regulation will not only help to curb the excesses of criminally minded dealers who receive items from vandals of public facilities, it will also foster economic stability by ensuring that only legitimate activities and authentic products are bought or sold in the market.
“Unregulated markets for used items poses inherent risks to consumers and undermined the integrity of it’s commercial operations.
“It is imperative that we establish clear rules and guidelines to protect properties of individuals and that of the government. “
“Proper regulation has the potential to enhance marketplace accountability, and will help security agencies in identifying and bringing criminals who engage in acts of vandalism and theft to book,” Odumosu said.
Odumosu said that the recent completion of projects and the successful commissioning of various infrastructure by the FCT Minister, Chief (Barr) Nyesom Wike calls for improved service and a renewal of strategy against destruction of government property.
“It is therefore our collective responsibility as a Command to ensure the protection of these infrastructure which is a fulfilment of the ‘renewed hope’ promise of this current administration,” he said.
He also said that there was a need for his officers and men to redouble their efforts in the protection of critical infrastructure in the territory.
The Commandant further said that he had charged the Command’s Intelligence Department to increase its searchlight on the activities of the pantaker markets with a view to arresting identified accomplices of vandals and violators of the market standards.
He however warned that anyone caught attempting to sell vandalized or stolen items in these markets would face the full wrath of the law to serve as a deterrent to others.
The Command’s helmsman called on members of the public to assist the Corps by reporting any suspicious activities or persons attempting to vandalise any public infrastructure.
“This infrastructure provided is meant for the good of all, therefore, every member of the public has a duty to protect them from vandals,” he reiterated.
Odumosu congratulates the FCT Minister for the laudable projects he has completed and commissioned in the FCT.
“I want to congratulate the Minister for his doggedness and commitment to infrastructural growth.
“He has indeed lived up to his reputation of being Mr Project, as he has given FCT a new look,” he said.
NSCDC FCT COMMANDANT CALLS FOR REGULATION OF PANTAKER MARKETS
News
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
By: Michael Mike
The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.
In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.
The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.
NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.
According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.
The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.
NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.
The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.
The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
News
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
Troops neutralise bandit, recover arms in Plateau raid
Troops neutralise bandit, recover arms in Plateau raid
By: Zagazola Makama
Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.
Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.
“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.
The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.
The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.
Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.
Troops neutralise bandit, recover arms in Plateau raid
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