National News
We Are Building Viable, Globally Competitive Economy, Says President Tinubu

We Are Building Viable, Globally Competitive Economy, Says President Tinubu
** Lauds First Bank’s legacy of innovation, adaptability at groundbreaking for new headquarters
By: Our Reporter
President Bola Ahmed Tinubu has said his administration is working assiduously to create a system that is sustainable and globally competitive for Nigerian banks and other financial institutions to thrive.
He noted that government policies under his administration are motivated by the reality that the nation no longer has the luxury of time to postpone its economic transformation.

President Tinubu, who spoke on Wednesday when he performed the groundbreaking ceremony for a new state-of-the-art headquarters of First Bank of Nigeria at Eko Atlantic City in Lagos State, observed that banks can only prosper under a thriving economy.
Represented at the event by his deputy, Vice President Kashim Shettima, the President however pointed out that what his “administration does and sets out to accomplish rests on the cooperation and capacity of” the financial institutions.
“Banks are the engines of economic growth, and we owe it to them to champion a system that guarantees sustainability and global competitiveness. Our expectation is for our banks to excel, to expand beyond our shores, and to earn their place among the world’s most viable and profitable enterprises,” he stated.

President Tinubu maintained that his administration is working to create an enabling environment for businesses to flourish despite assuming office at a time that required difficult but necessary decisions to stabilise the nation’s economy.
He said, “We assumed office at a time that demanded bold, progressive thinking—a time that called for difficult but necessary decisions to stabilise our fiscal and monetary landscape. Our policies are inspired by the reality that we can no longer afford to postpone our economic transformation.
“This administration is committed to creating an enabling environment for businesses to flourish, and I assure you that you have a partner in this government. We are here to climb the hills of progress with you.”

The President commended First Bank for standing the test of time, saying the secret of the bank’s steadfastness, legacy of innovation and adaptability lies in the art of reinvention.
“From the Bank of British West Africa to Standard Bank of West Africa and, finally, to this 130-year-old success story, First Bank has remained a towering institution, outliving disruptions and redefining banking through the decades.
“In an industry where the fate of many banks is sealed in the dusty pages of history, surviving—let alone thriving—demands more than just calculated risks; it takes ambition, and the brilliance of refined minds. I join you here today to celebrate a legacy of innovation and adaptability that has kept First Bank ahead of the curve,” he added.
President Tinubu congratulated the board and management of First Bank for investing in a new head office, noting that it is a reassurance to the bank’s “customers, shareholders, and the government that Nigeria’s oldest financial institution is not resting on its laurels.”
He continued: “I understand all too well that history demands the best of us. The ability to manage risk is what distinguishes great banks from transient institutions.
“This groundbreaking ceremony is not just about laying the foundation for a new edifice; it testifies to First Bank’s commitment to reinvention—to adapting to the realities of our time while staying true to its heritage.
“The decision to establish this state-of-the-art headquarters in Eko Atlantic City is symbolic of a vision that extends beyond the present, positioning First Bank as a financial powerhouse in Nigeria and beyond.”
In his remarks, Lagos State Governor, Babajide Sanwo-Olu, thanked Vice President Shettima for the work he is doing for the country in support of the President.
The Governor poured encomiums on President Bola Tinubu, recalling that he was in his cabinet when the idea to create Eko Atlantic City was birthed, many of the cabinet members expressing doubt about the possibility to create a dry ground out of the bar beach.
“We want to set Lagos on a trajectory of becoming the centrepiece of finance and commerce not only in Nigeria but Africa and beyond. It will be Africa’s mega city that is safe and secure to take the mantle of leadership in the financial sector.”
Sanwo-Olu thanked the Chairman of First Bank of Nigeria (FBN) Holdings, Femi Otedola, noting that while he is economical with his words, each statement he makes carries significant weight.
Also speaking, Ogun State Governor, Prince Dapo Abiodun, said it was an honour to witness what could be aptly described as an iconic building and a significant milestone for the First Bank.
He noted that the building further redefines First Bank and its resilience in the banking industry, saying “this is bold, audacious, what tenacity is all about and First Bank has always blazed the trail.”
According to him, First Bank has since 1894 evolved into a bank with well over seven hundred branches in Nigeria and worldwide.
On his part, Chairman of First Bank Holdings, Chief Otedola, expressed gratitude and excitement over the groundbreaking ceremony, just as he eulogized President Tinubu “for his unalloyed support for this great project.”
Otedola also praised Vice President Shettima for being at the forefront of encouraging development in the country, even as he thanked the Lagos State Governor for his unwavering support and creating a conducive atmosphere for doing business in the state.
He also expressed gratitude to customers of First Bank, the regulators, especially the Governor of Central Bank of Nigeria for stabilising the activities of the services industry in the country, among others.
Welcoming the dignitaries and other guests to the ground breaking event, Managing Director and CEO of First Bank Plc, Mr. Olusegun Alebiosu, said since its establishment in 1894, First Bank had been at the forefront of Nigerian banking evolution, stressing that the journey of the bank has been defined by accountability, transparency and unwavering commitment to customers.
“It is a legacy that stood the test of time – over 13 decades, engulfing the financial landscape of our great nation and continuously shaping the business of banking in Nigeria and beyond,” he stated.
In his goodwill message, the chairman of Dangote Group, Alhaji Aliko Dangote, commended the Chairman of First Bank Group and his Board members “for building the massive structure,” describing it as always being first while others follow.
He said he is being challenged to join First Bank in Eko Atlantic City, noting, however, that after delivering the refinery, he needed to rest but will join Eko Atlantic City in the near future.
We Are Building Viable, Globally Competitive Economy, Says President Tinubu
National News
Beyond condemnation, why Governor Kefas must act decisively to end karim lamido crisis

Beyond condemnation, why Governor Kefas must act decisively to end karim lamido crisis
By: Zagazola Makama
The latest attack on Munga Lelau community in Karim Lamido Local Government Area of Taraba State has once again thrust the fragile security situation in the region into national focus. The attack, which reportedly occurred on Friday evening, left many dead and communities in mourning.
In response, Governor Agbu Kefas swiftly condemned the incident, describing the carnage as “horrendous and unacceptable.” In a press statement issued by his Special Adviser on Media and Digital Communications, Emmanuel Bello, the governor expressed outrage at the continuous assaults, warned of grave repercussions for the perpetrators, and reiterated his administration’s commitment to securing the state.
However, while such condemnation is commendable and necessary to signal empathy and political will, what is urgently required now is a comprehensive, transparent, and sustained response that goes beyond words. The time has come for Governor Kefas to not only condemn the attacks but also to lead a full-fledged, fact-based investigation into what truly transpired and why.
The attack in Munga Lelau is not an isolated case. It follows a recent incident in Bandawa where two farmers were reportedly killed by suspected bandits. This recurring pattern of violence often fueled by retaliatory attacks between farmers and herders points to deeper, unresolved tensions in the Karim Lamido axis. While the rainy season usually heightens competition for land and water resources, what we are seeing is the escalation of low-grade communal tension into full-blown armed conflict.
Security forces have, on several occasions, brokered peace accords between aggrieved parties. Yet, these agreements have often been short-lived. Just Yesterday, troops under Operation Lafiyan Jamaa had to intervene after youths from Badanwa reportedly attacked herders grazing near their village, sparking reprisals and further bloodshed.
This cycle of provocation and retaliation is precisely why Governor Kefas must now go beyond condemning the violence and institute a full investigation. There is a growing concern that certain individuals referred to as “conflict entrepreneurs” may be exploiting these tensions for personal or political gain. These actors must be identified and held accountable, regardless of ethnic or political affiliation.
Equally, justice must not be selective. All sides must be heard, and those found culpable, whether among farmers or herders, must face the full weight of the law. Only a fair and balanced approach can restore confidence in government intervention and prevent further descent into lawlessness.
To achieve lasting peace, the state government must adopt a three-pronged approach:
Deploy additional security personnel to flashpoints in Karim Lamido and impose necessary restrictions, including curfews, where needed to prevent reprisal attacks. Peace committees comprising community leaders, religious heads, and youth representatives should be activated or reconstituted to immediately de-escalate tensions.
Establish an independent investigative panel to ascertain the root causes of the recurring violence. This panel should be empowered to take testimonies, review previous peace accords, and recommend actionable strategies. Simultaneously, set up mobile courts to fast-track justice delivery and deter impunity.
Develop and implement a comprehensive land-use and grazing policy, supported by modern conflict resolution training and dialogue platforms across LGAs. More investments should also go into education, vocational training, and rural infrastructure to address some of the socioeconomic drivers of insecurity.
Taraba must not be allowed to slide into a theatre of unchecked violence. Now is the time for Gov. Kefas to lead boldly, ensuring not only that peace is restored but that it is sustainable, just, and inclusive.
Beyond condemnation, why Governor Kefas must act decisively to end karim lamido crisis
National News
NDLEA, US-DEA to strengthen collaboration on drug war

NDLEA, US-DEA to strengthen collaboration on drug war
By: Michael Mike
The National Drug Law Enforcement Agency (NDLEA) and the Drug Enforcement Administration of the United States (DEA) have stressed the need to strengthen current collaboration between the two agencies on the fight against the menace of substance abuse and illicit drug trafficking.
This was the highpoint of discussion during a meeting between the Chairman/Chief Executive Officer of NDLEA, Brig Gen Buba Marwa (Rtd) and the Country Attache of US-DEA, Ms. Daphne Morrison on Friday at the NDLEA Headquarters in Abuja

Marwa, while appreciating the cordial
working relationship and partnership between NDLEA and DEA, Ms. Morrison who was recently posted to Nigeria said “I wanted to make this one of my priorities to come meet with you so we can continue to collaborate and work together.
“And thank you so much for your support over the years, and we’re ready to keep things going. I know you’ve been working well with the last Country Attaché, so I’m ready to get back in and collaborate and do some really great things with you.”
She said efforts are ongoing to organise more trainings for officers and men of the Special Operations Units of the afency Amwhile looking forward to a number of joint operations with NDLEA in already identified areas of interests.
In his response, the NDLEA boss acknowledged the excellent relationships with Morrison’s predecessors. He said: “They’ve been very, very supportive, and I have absolutely no doubt in my mind that it will be the same, if not better, with you.” He acknowledged the recent evolution of NDLEA in the size of its workforce, expansion of operational and administrative structures as well as remarkable successes recorded in its drug supply reduction and drug demand reduction efforts.
While acknowledging the support received from DEA over the years especially in areas of equipment, training, and joint operations, Marwa expressed hope that more of such support will continue. “I think we would welcome much more support but because this being your first visit to introduce yourself, I’m not going to bring out a long list of demands or requests, but just to acknowledge that we appreciate all the support we’ve been receiving.”
NDLEA, US-DEA to strengthen collaboration on drug war
National News
APC Affirms One-China Principle, Lauds Nigeria-China Partnership

APC Affirms One-China Principle, Lauds Nigeria-China Partnership
By: Michael Mike
The ruling All Progressives Congress (APC) has affirmed its unwavering commitment to the one-China principle, recognising Taiwan as an integral part of the People’s Republic of China (PRC).
Speaking in an interview in Abuja on Wednesday, the APC National Vice-Chairman (North-East), Comrade Mustapha Salihu, said the party is in full alignment with the federal government’s diplomatic stance.
He said: “Nigeria is unequivocally committed to the One-China Principle. Consequently, the policies and principles of the APC will mirror those of our federal government in diplomatic matters.
“China is a significant partner for our nation; they regard us as equals rather than a lesser nation. This perspective fosters a relationship of mutual progress. Therefore, it is wise for the government to support the one-China principle.”
Salihu reiterated the APC’s firm support for the government’s diplomatic policies, stating, “As a party, we stand resolutely behind the one-China principle.”
He praised the positive outcomes of Nigeria-China diplomatic relations, particularly in trade, investment, and infrastructural development.
He said: “Our partnership with China has yielded substantial results. We have witnessed the construction of extensive roads, bridges, and railways by Chinese companies, with counterpart funding from the Chinese government.
“In addition, projects such as the Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline and various free trade zones in Nigeria have been funded, in whole or in part, by Chinese institutions. Chinese enterprises are eager to establish factories and businesses in Nigeria, and many are already contributing to our economy,” he noted.
He attributed the influx of foreign investment in Nigeria to the APC administration’s business-friendly policies, including amendments to the Companies and Allied Matters Act, which have streamlined processes for investors.
He expressed the party’s readiness to strengthen ties with the Communist Party of China (CPC) through collaboration in cultural exchange, trade, education, and human capital development.
He said: “We are dedicated to fostering mutual growth and reinforcing our historic partnership.”
APC Affirms One-China Principle, Lauds Nigeria-China Partnership
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