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US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean
US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean
By: Michael Mike
United States has expressed her willingness to collaborate with Nigeria and other countries in the Atlantic Ocean region to harness the economic potentials that the ocean presents.
Speaking to selected journalists in Abuja on Tuesday night, the Senior Coordinator for Atlantic Cooperation, Bureau of Oceans and International Environmental and Scientific Affairs, Ambassador Jessye Lapenn who was in the country to further cement relations between Nigeria and United States on Blue Economy and Maritime Issues, said her home government was ready to deployed equipment and resources to ensure peace and safety in and around the Atlantic Ocean.
She noted that the challenges associated with piracy and insecurity on the Atlantic Ocean would be soon be a thing of the past as all the countries in the Atlantic Ocean Treaty would work together to ensure that there is peace and growth of commercial activities on the Atlantic Ocean.
She disclosed that during her visit to the country she was presented with the opportunity of meeting key decision makers in Nigeria’s maritime industry, explaining that it was a great decision that a ministry was created to take charge of the nation’s blue economy.
Thirty-two coastal Atlantic countries across four continents have recently adopted a Declaration on Atlantic Cooperation launching the Partnership for Atlantic Cooperation on the margins of the United Nations General Assembly in New York.
The new multilateral forum brought together an unprecedented number of coastal Atlantic countries across Africa, Europe, North America, South America, and the Caribbean.
This Partnership is the first grouping to span both the North and South Atlantic and address a broad range of issues, from economic development to environmental protection to science and technology. It is also the first time that so many Atlantic countries have come together to establish a forum through which they can work together on a more regular basis and to lay down, via the Declaration, a set of shared principles for the Atlantic region, such as a commitment to an open Atlantic free from interference, coercion, or aggressive action.
The recent Declaration builds on last year’s Joint Statement on Atlantic Cooperation, which started a process to explore deeper cooperation in the region. It was the product of that process and intensive diplomacy by the White House and the State Department.
Coastal Atlantic countries share direct and interconnected interests in the Atlantic Ocean. The Atlantic Ocean is the world’s most heavily traveled ocean with critical trade routes and global energy reserves.
The World Bank had estimated that the ocean contributes $1.5 trillion annually to the global economy—and expects this figure to double by 2030.
Sustainable ocean economy sectors are estimated to generate almost 50 million jobs in Africa and to contribute $21 billion to Latin American GDP.
Meanwhile, challenges like illegal, unregulated, and unreported fishing; natural disasters; and illicit trafficking threaten this economy. It is however recognized that no country alone can solve the cross-boundary challenges in the Atlantic region or fully address the opportunities that it presents.
The Partnership for Atlantic Cooperation seeks to usher in a new chapter in regional cooperation, forging deeper connections across Atlantic countries on four continents, with the purpose of the Partnership being twofold: to enable Atlantic countries to expand cooperation on a range of shared goals and to uphold a set of shared principles for Atlantic cooperation.
The Partnership is expected to give member countries a new platform to work together on issues such as science and technology, sustainable ocean economy, and climate change. Participating countries also endorsed a Plan of Action outlining the first phase of work this new grouping will undertake, including scientific cooperation and shared research, information and maritime awareness, and development of a cadre of young Atlantic scientists. The Partnership will convene regularly and establish working groups to carry out this work. To the greatest extent possible, the Partnership will collaborate with and build on existing regional initiatives.
The participating countries include Angola, Argentina, Brazil, Cabo Verde, Canada, Costa Rica, Cote d’Ivoire, Dominica, the Dominican Republic, Equatorial Guinea, Gabon, The Gambia, Ghana, Guatemala, Guinea, Guyana, Iceland, Ireland, Liberia, Mauritania, Morocco, the Netherlands, Nigeria, Norway, Portugal, the Republic of the Congo, Senegal, Spain, Togo, the United Kingdom, the United States, and Uruguay.
US to Collaborate with Nigeria, Others to Harness Full Potentials of Atlantic Ocean
News
Police arrest three suspected kidnappers in Gombe
Police arrest three suspected kidnappers in Gombe
By: Zagazola Makama
The Gombe State Police Command has arrested three suspected kidnappers following a tip-off from credible intelligence, sources said on Friday.
Police sources said the suspects were apprehended on March 10 at about 10:00 p.m. by operatives working in conjunction with local hunters.
The arrested suspects were identified as Mohammed Abubakar, 29; Mohammed Bello, 23; and Mohammadu Ali, 25, all residents of Galda Village, Fika Local Government Area of Yobe State.
According to the report, the suspects were planning to carry out a kidnapping in an unspecified location in Bauchi State. Upon interrogation, they allegedly confessed to the planned crime.
Police said investigations were ongoing to uncover further details and apprehend any other accomplices involved in the plot.
Police arrest three suspected kidnappers in Gombe
News
Youths attack and kill two army officers while responding to dispute in Cross River
Youths attack and kill two army officers while responding to dispute in Cross River
By: Zagazola Makama
Two army officers, including an intelligence officer, were reportedly killed during a violent clash between youths in a disputed crisis zone between Isabang and Alesi communities in Obubra Local Government Area of Cross River State.
Sources told Zagazola Makama that the incident followed a conflict on March 11 when Ibrahim Musa, a 25-year-old miner from Kusa, who deals in tin ore at Ekuri village, was allegedly beaten by youths at a village checkpoint and had his mined minerals seized.
The miner reportedly reported the attack to soldiers stationed at 245 Battalion, Edor Barracks, near Jenifer Etuh’s Hospital in Ochon. Troops responded by moving into the forest to arrest four youths allegedly involved in the attack.
Residents said other youths blocked the access road to prevent the arrest and attacked the soldiers. In response, they fired which resulted to the injuries of four persons, including Christopher Agara, 27, and Ogobi Egbe, 30, while two others were evacuated for native treatment.
The attack resulted in the deaths of two soldiers.
Additional troops have since deployed additional personnel to restore order in the area, and normalcy has reportedly returned.
Youths attack and kill two army officers while responding to dispute in Cross River
News
New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe
New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe
By: Michael Mike
Chairman of the National Tax Policy Implementation Committee (NTPIC), Joseph Tegbe, has said Nigeria’s new tax regime is structured to reduce the financial burden on workers and small businesses while strengthening the country’s fiscal stability and economic competitiveness.
Speaking at the BusinessDay Tax Reform Conference 2026 themed “Navigating the New Tax Regime: What It Means for Your Wallet,” Tegbe described the reforms as the most far-reaching restructuring of Nigeria’s tax system in decades. He noted that the initiative is aimed at simplifying tax processes, promoting fairness, and creating an environment that supports economic expansion.

According to him, the reforms are anchored on four major legislations — the Nigeria Tax Act, 2025, Nigeria Tax Administration Act, 2025, Nigeria Revenue Service (Establishment) Act, 2025 and the Joint Revenue Board of Nigeria (Establishment) Act, 2025 — which collectively introduce a more coordinated and transparent tax administration framework.
Tegbe explained that the new structure provides targeted reliefs for individuals and small enterprises, ensuring that low-income earners and emerging businesses are not overburdened by taxation.
Under the new regime, individuals earning below ₦800,000 annually will be exempted from personal income tax. Workers will also benefit from a rent relief allowance of up to 20 per cent, capped at ₦500,000, among other incentives designed to ease financial pressure on households.
Small businesses are equally positioned to gain from the reforms. Companies with annual revenues below ₦100 million and assets not exceeding ₦250 million will be exempted from Company Income Tax, while nano-enterprises with annual earnings below ₦12 million will not be required to pay income tax.
Despite these relief measures, Tegbe stressed that individuals and businesses within the exempted thresholds must still maintain proper documentation of their earnings and comply with the requirement to file tax returns.
He noted that beyond the tax reliefs, the reforms will also strengthen institutional coordination among key agencies including the Nigeria Revenue Service, the Joint Revenue Board of Nigeria, the Tax Appeal Tribunal and the Office of the Tax Ombud. He added that increased digitalisation of tax processes will improve transparency, efficiency and compliance across the system.
According to Tegbe, the broader objective of the reforms is to create a tax structure that supports enterprise development, encourages investment and enhances Nigeria’s ability to mobilise revenue for national development without placing excessive strain on citizens.
“The goal is to build a tax system that works for everyone — one that supports government in delivering development while also protecting the financial wellbeing of ordinary Nigerians,” he said.
Other dignitaries at the conference included Executive Secretary of the Joint Revenue Board of Nigeria, Olusegun Adesokan; Acting Executive Chairman of the FCT Internal Revenue Service, Michael Ango; renowned economist Uche Uwaleke; and policy expert Sam Amadi, among others, who also contributed to discussions on the implications of the new tax framework for businesses and households.
New Tax Regime to Ease Burden on Workers, Small Businesses — Tegbe
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