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Post-Insurgency: Craftec Homes, Obtuse Tec, others to invest N10 billion into Borno Infrastructural Renaissance
Post-Insurgency: Craftec Homes, Obtuse Tec, others to invest N10 billion into Borno Infrastructural Renaissance
By Our Reporter
As part of efforts to key into Governor Babagana Zulum’s 25-year “Development Plan’’ that would drive stabilization, boost recovery efforts and stimulate growth across all sectors and the 10- Year Transformation Strategy that was unveiled in November 2020 by the Borno State Government, Craftec Homes ltd, Obtuse Tec Engineering and Construction ltd is to partner with TAJ Bank, First City Monument Bank, FCMB and other business developers to invest about N10 billion in Jere Local Government Area and Maiduguri Metropolitan Council, MMC.
This was disclosed on Tuesday at Conference Hall, Prime Lodge, Maiduguri by the Project Manager of Craftec Homes ltd, Engr Grema Hamzah while unveiling ‘Borno Corporate Infrastructural Renaissance’.
He said the over-decade atrocities posed by insurgents and their attendant consequences of destruction require private investors and other development partners to support the Government in the post-insurgency era, so as to provide critical infrastructures and create job opportunities for the teaming youths in Borno.
To this end, Engr Hamzah observes that Maiduguri city’s population is growing due to rural-urban migration, and this trend is likely to continue, which is, in turn, a substantial motivation for infrastructure growth.
“Maiduguri City which is now peaceful continue to witness a rapid expansion of financial service providers, Information Technology, IT and financial technology Enterprises, as well as an increase in the number of relatively high-income buyers and tenants who require more high-quality commercial centres.
“Therefore, these companies are willing to invest in Commercial Joint Infrastructure to the tune of N10 billion. The investment will start with four Mega structures to include; Tech Mall, Renaissance Mall, Craftec Shopping Centre each with (A four-storey building with a mixed-use centre consisting of retail space and A-grade offices along the famous Ahmadu Bello Way, in addition to Exquisite Mall (A six-storey building with mixed-use Centre consisting of retail space and A-grade offices at Circular Raid, all in Maiduguri.
“The Borno Corporate Infrastructure Renaissance is a 100% transactional platform to develop projects, at-risk deals, fast track the closure of deals, and improve the business environment for investments to thrive.
“Craftec Home is not alone in this business, as we are on this platform together with our co-partners, Obtuse Tec Engineering and Construction ltd, Otec MFM, TAJ Bank and FCMB. This is aimed to fast track investments, creating wealth and unleash prosperity for Borno people”. He said.
In his keynote address, Member House of Representatives, Jere Federal Constituency, Hon, Engr Ahmed Satomi who was the former Chairman of Obtuse Tec Engineering and construction ltd, said, as a Board member of the company, this initiative is apt and timely, as it will provide an opportunity to about 70% of Global System for Mobile Communications (GSM) marketers who are mostly youths across the state.
Satomi pointed out that, depending on government alone is no longer visible considering the dwindling economy, adding that, with this new development, more jobless people in Borno would be taken out of the streets and become economically self-reliant.
The Lawmaker called on well-to-do individuals, and business partners to embrace this new initiative and invest heavily to develop Borno economically.
Also contributing, the Managing Director, Obtuse Tech, Engr Umar Lawan, said his construction company, was established in May 2013, which is an indigenous firm that specializes in civil engineering works and services such as infrastructural development, roads and drainage, bridges, solar installation, import and export of general civil engineering design and other related jobs.
He added that, in 2020, the company after its Annual General Meeting, AGM, decided to diversify into three sectors; Agriculture, Aviation and Banking.
“Today is another milestone in partnering with Craftec Homes to showcase our capacity in Corporate Commercial Infrastructure Development, CCID.
“We are also partnering with Otec, Financial Tech Micro Finance Bank where our core target is to fill in the 39 million gap of non-inclusion in Northern Nigeria”. Engr Lawan stated.
News
NESREA Shuts Kano Rice Plant Over Environmental Violations
NESREA Shuts Kano Rice Plant Over Environmental Violations
By: Michael Mike
The National Environmental Standards and Regulations Enforcement Agency (NESREA) has sealed off a rice processing facility in Kano State, Fortune Rice Mills Limited, over alleged violations of environmental regulations relating to air pollution and offensive emissions.
The enforcement action, carried out on Monday, was led by the agency’s North-West Zonal Director, Dr. Mudashiru Raheem, following investigations into public complaints against the company.

According to NESREA, residents had raised concerns over persistent dust emissions and offensive odour emanating from the facility despite earlier compliance notices issued to the company.
The agency said investigations established that the rice mill violated provisions of the National Environmental (Air Quality Control) Regulations 2014 as well as the National Environmental (Food, Beverages and Tobacco Sector) Regulations 2023, prompting the sealing of the plant.
Director-General of National Environmental Standards and Regulations Enforcement Agency, Innocent Barikor, who authorised the shutdown, condemned what he described as the “reckless attitude” of some industrial facilities towards public health and environmental safety.
Barikor stressed that economic interests must not come at the expense of citizens’ wellbeing and environmental sustainability, warning that the agency would continue to enforce compliance with environmental laws across the country.
“The health of citizens and the environment must not be sacrificed on the altar of economic gain,” he said.
He also called on Nigerians to take greater responsibility for environmental protection by reporting environmental infractions and pollution incidents to the agency for prompt action.
The latest enforcement underscores renewed regulatory scrutiny on industrial operators amid growing concerns over environmental pollution and public health risks in several parts of the country.
NESREA Shuts Kano Rice Plant Over Environmental Violations
News
Troops Arrest Suspected Gunrunner in Taraba Over Alleged Sale of 23 Rifles
Troops Arrest Suspected Gunrunner in Taraba Over Alleged Sale of 23 Rifles
By: Zagazola Makama
Troops of the Nigerian Army have arrested a suspected gunrunner in Taraba State over the alleged sale of 23 AK-47 rifles to a rogue vigilante leader.
Security sources said the suspect was apprehended at about 3:30 a.m. on May 17, 2026, during a joint intelligence-led operation conducted by troops of the 20 Model Battalion and operatives of the Defence Intelligence Agency.
According to the sources, the operatives raided the suspect’s residence at Sabon Gida village in Gassol Local Government Area of the state following actionable intelligence.
The sources disclosed that preliminary findings linked the suspect to the supply of 23 AK-47 rifles to a suspected rogue vigilante commander operating within the area.
The suspect has since been taken into custody by the Defence Intelligence Agency for further investigation and possible prosecution.
Security authorities said efforts were ongoing to uncover the wider arms trafficking network connected to the suspect.
Troops Arrest Suspected Gunrunner in Taraba Over Alleged Sale of 23 Rifles
News
The High Cost of Silence: Why President Tinubu Must Sign the Federal Audit Service Bill
The High Cost of Silence: Why President Tinubu Must Sign the Federal Audit Service Bill
By Paul Dasimeokuma
Nigeria currently manages a staggering ₦68.32 trillion budget through an audit framework that is effectively a colonial relic.
The Audit Ordinance of 1956, which remains the primary reference for federal audit reports, technically ceased to be part of Nigerian law in 1990 and is conspicuously absent from the 2004 Laws of the Federation of Nigeria (LFN).
This creates a legal lacuna, a dangerous, silent void where the nation’s financial watchdog is forced to bark using the authority of an obsolete law that has no place in a modern republic. As President Bola Ahmed Tinubu navigates the Renewed Hope agenda, the Federal Audit Service Bill, already passed by the National Assembly, represents a low-hanging fruit for structural reform that can no longer be ignored.
The current auditing function in Nigeria has devolved into a frustrating exercise in report writing without consequence. Under the present system, the Auditor-General for the Federation (AuGF) produces an annual report, which is then sent to the Public Accounts Committees (PACs) of the National Assembly.
The PACs conduct hearings, invite heads of agencies, and eventually produce their own recommendations. Yet, despite this high-level activity, the cycle of financial felonies and misdemeanors continues unabated.
Evidence shows that audit recommendations are treated with levity by Ministries, Departments, and Agencies (MDAs), and follow-ups are virtually non-existent despite clear Financial Regulations.
The result is a culture of impunity where the same infractions: unvouched expenditures, missing assets, and unremitted revenues—appear in reports decade after decade.
This Bill is the structural answer to this stagnation. It seeks to move Nigeria from a limited, department-based audit model to a modern Supreme Audit Institution (SAI) structure, consistent with global best practices. By transforming the office into a Service, the Bill ensures that auditing is a core pillar of national economic security.
The Bill provides for the establishment of an autonomous Federal Audit Service and a Federal Audit Board. This Board will fundamentally strengthen the independence of the AuGF, particularly concerning recruitment, promotion, and discipline.
Currently, the AuGF relies on the Federal Civil Service Commission for staffing, which often leads to a mismatch in specialised skills. An independent Board ensures the office is shielded from political interference and staffed by professionals answering only to the standards of their craft.
For the first time, the Bill explicitly empowers the AuGF with the power of the purse and the power of sanction. It authorises the AuGF to surcharge public officers for expenditures not duly brought into account and, more importantly, to withhold the emoluments of any person who refuses to reply to audit queries within 30 days. This closes the long-standing accountability gap where audit findings were merely advisory.
In the past, an MDA could simply ignore a query with no personal consequence. Under the new Bill, silence carries a direct financial penalty, providing the legal teeth necessary to compel compliance with financial discipline.
Beyond internal accountability, the Bill is a crucial signal to the international community.
Nigeria was successfully removed from the Financial Action Task Force (FATF) grey list in October 2025, a hard-won victory for the nation’s financial reputation. However, this victory must be protected. The FATF framework explicitly monitors audit oversight of public funds as part of its financial integrity assessments. Maintaining a 70-year-old framework that technically does not exist in our current laws risks signaling to global monitors that Nigeria’s anti-corruption reforms are superficial.
Similarly, the International Monetary Fund (IMF), in its June 2025 Article IV Consultation, called for strong expenditure management and transparent reporting. Assenting to this Bill is an act of economic diplomacy. It tells the World Bank and foreign investors that Nigeria is serious about the transparent implementation of its record-breaking budget.
It aligns the country with the Lima Declaration, which mandates that Supreme Audit Institutions must have the functional independence necessary to perform duties without executive overreach.
The reform window is rapidly closing. With the 2027 election cycle approaching, administrative bandwidth for such structural changes will contract. Transitioning from the 1956 framework and constituting the Federal Audit Board requires significant lead time.
Assent in 2026 gives this implementation a fighting chance to take root. President Tinubu has frequently spoken about the need for courage in governance. Signing the Federal Audit Service Bill is an act of such courage. Nigeria cannot build a 21st-century economy on 1950s paperwork. The time for the Audit Act is now.
Paul Dasimeokuma – Centre for Social Justice
The High Cost of Silence: Why President Tinubu Must Sign the Federal Audit Service Bill
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