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Tinubu declares open 5th Lake Chad Basin Governors’ Forum meeting

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Tinubu declares open 5th Lake Chad Basin Governors’ Forum meeting

By: Our Reporter

Borno targets durable solution for 5.5 million people – Zulum

The 5th edition of the Lake Chad Basin Governors’ Forum meeting has opened in Maiduguri, the Borno State capital.

The Forum themed: “Rebuilding the Lake Chad: Consolidating Gains, Commitment to Peace, Cross-Border Cooperation, Security and Sustainable Development for a Resilient Community” have in attendance governors of the 8 states and provinces, traditional rulers, development and humanitarian organisations, civil society organisations amongst others being hosted by Yobe State government.

Declaring the event open, President Bola Ahmed Tinubu called for cooperation and unity among countries in the Lake Chad Basin region.

The president, represented by Vice President Kashim Shettima, described the true enemy of the region as the non-state actors that exploit weak borders, poor governance and fragile economies to challenge our claim to civilization.

“We must not allow the geopolitical tensions across the world to sow discord among us, nor should we permit ourselves to become tools in any proxy agenda. The salvation of the Lake Chad region is neither in Europe nor in the Americas. It lies in the hands of all those gathered here today”, Tinubu stated.

He called for multifaceted approach to address the root causes of insecurity, poverty, inequality and lack of opportunities for our youth.

“It is a tragic irony that Africa, a continent with the youngest population in the world, sees its youth become cannon fodder for destructive ideologies and the drivers of conflict. This is the challenge before us: to transform this demographic dividend into a force for good”.

Borno State Governor, Professor Babagana Umara Zulum, says he has committed 15% of the state’s annual budget for the provision of durable solutions to 5.5 million victims of Boko Haram insurgency.

“Our own strategy, spanning the years 2025-2027, is backed by a total budget of USD 2.7 billion, with Borno State committing 15% of its annual budget to the cause. This strategy targets the needs of approximately 5.5 million people, including 2 million IDPs, 500,000 refugees and 3 million other displaced individuals”, Governor Zulum stated.

The governor explained that the durable solutions strategy is anchored on a government-led, people-centered approach, and is designed to align with existing national and regional policies, noting that significant achievements in peacebuilding and social cohesion, particularly through dialogue, youth engagement, and the re-establishment of cross-border trade corridors have been recorded.

“Projects like the Banki Market project and other related infrastructure have been completed and handed over to the communities, fostering a sense of ownership and providing vital economic opportunities”, he said.

Zulum emphasized that his administration has prioritized agricultural transformation as a key pillar of our recovery strategy, with a focus on irrigation systems, resilient crop production and support for smallholder farmers to ensure food security for the people.

Governor Zulum described the Lake Chad Region as the future of Africa with its youthful and rapidly growing population, the region is positioned to become a major driver of economic progress and political leadership.

The potential of this region to shape the future of not only Africa but the world at large cannot be overstated, provided we continue to nurture its growth with the right support and strong political will necessary to address its challenges.

Governor Babagana Umara Zulum expressed appreciation to President Bola Ahmed Tinubu under whose leadership the following is ensured, peace and sustainable development that has enabled our on-going reconstruction, Rehabilitation and resettlement efforts, United Nations agencies and development partners.

Yobe State Governor, Mai Mala Buni described the Forum as a beacon of hope, serving as the cornerstone for strengthening and promoting good governance, cross-border cooperation, dialogue and coordinated action among the basin’s eight territories.

He remarked that commitments made during the meetings are instrumental in shaping policies and interventions that address the root causes of instability and lay the foundation for sustainable development.

He observed that the Lake Chad Basin faces multifaceted challenges that include: growing demography, security threats, limited infrastructure, climate change and socio-economic disparities that demand concerted efforts.

The ceremony was attended by members of the national assembly, ministers of agriculture and that of Livestock Development, Nigeria’s Chief of Defence Staff, United Nations agencies, Executive Secretary Lake Chad Basin Commission and International Development Organisations.

Tinubu declares open 5th Lake Chad Basin Governors’ Forum meeting

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Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

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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

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NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

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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

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Troops neutralise bandit, recover arms in Plateau raid

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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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