Nigeria’s Private Sector Credit Declines as Tight Monetary Policies Persist Nigeria’s private sector credit witnessed a notable reduction of N1.07 trillion (1.41%) in January 2025, bringing the total credit to N74.88 trillion from N75.90 trillion recorded in November 2024. The Central Bank of Nigeria (CBN) has yet to release official data for December 2024, prompting estimates from Nairametrics Research, which suggests a decline of N536 billion on a month-on-month basis, placing December’s estimated credit at N75.42 trillion. This contraction aligns with the CBN’s ongoing monetary tightening measures under Governor Yemi Cardoso, designed to curb inflation and ensure economic stability. Fluctuating Trend in Private Sector Credit According to the latest Money and Credit Statistics report by the CBN, private sector credit has exhibited fluctuations over time. Year-on-year, private sector credit dropped from N76.47 trillion in January 2024 to an estimated N75.42 trillion in December 2024, reflecting a N1.05 trillion (1.38%) decline. Significantly, private sector credit had previously surged from N62.54 trillion in December 2023 to N76.48 trillion in January 2024, before the CBN initiated a hawkish monetary policy stance. This shift led to six consecutive hikes in the Monetary Policy Rate (MPR) beginning in February 2024. Despite a relatively mild 0.71% month-on-month decline in January 2025 (based on estimates), the high cost of borrowing continues to affect businesses, reinforcing the impact of CBN’s stringent monetary policies. Effects of Monetary Policy on Credit and Money Supply The sustained decline in private sector borrowing highlights restrictive credit conditions influenced by elevated interest rates. As previously reported by Nairametrics, the M3 money supply, incorporating net foreign assets (NFA) and net domestic assets (NDA), has seen significant expansion over the past year. By November 2024, M3 stood at N108.97 trillion, rising to N109.41 trillion in September 2024 and peaking in January 2025. The CBN’s aggressive monetary policies, including six consecutive MPR increases in 2024, have contributed to moderating borrowing trends, with private sector credit fluctuating between N71 trillion and N76 trillion throughout the year. Sectoral Distribution of Private Sector Credit Data from the latest CBN Economic Report (November 2024) reveals that the manufacturing sector received the highest allocation of private sector credit, accounting for 14.1% of the total. Other sectors with notable allocations include: Manufacturing and commerce remain the leading drivers of credit demand, while the agricultural and financial sectors receive comparatively lower credit shares. Nigeria’s GDP Growth vs. Private Sector Credit Expansion Nigeria’s economy grew by 3.84% year-on-year in Q4 2024, surpassing the 3.46% growth rate recorded in the previous quarter and the same period in 2023. This momentum contributed to an annual GDP growth rate of 3.4% in 2024, up from 2.74% in 2023. However, despite this economic growth, private sector credit as a percentage of GDP stood at 27.81% in 2024, down from 33.26% in 2023. This gap underscores the limited credit access available to Nigeria’s private sector, which is essential for sustained economic expansion. In comparison, private sector credit as a share of GDP in Sub-Saharan Africa saw an 8.19% increase in 2023, reaching 27.73%. This growth signals the region’s ongoing efforts to enhance credit access and stimulate private sector development. Conclusion The decline in Nigeria’s private sector credit in January 2025 reflects the sustained impact of the CBN’s tight monetary policies. While these measures aim to stabilize inflation, they also pose challenges for businesses requiring credit for expansion. As economic growth continues, addressing credit accessibility issues will be crucial to fostering a more balanced financial environment. Nairametrics Report on Private Sector Credit READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
The Bayelsa State Government has officially launched the construction of a modern nine-storey civil service secretariat in Yenagoa, a transformative project valued at N46 billion. The groundbreaking event, which took place on Saturday, was graced by top government officials, including the Head of Service of the Federation, Mrs. Didi Walson-Jack, who lauded the initiative. A Milestone for Bayelsa’s Civil Service Infrastructure This ambitious project builds upon the state government’s prior move in September 2024 when it awarded a N45 billion contract for the development of the secretariat complex. Designed to enhance working conditions, the new facility will serve as an electronic secretariat, integrating cutting-edge technology to improve workflow efficiency. According to the Nigerian News Agency (NAN), Mrs. Walson-Jack expressed enthusiasm about the project, stating that a thriving civil service depends on qualified personnel, sound policies, and an enabling work environment. She noted that this initiative aligns with broader national efforts to bolster administrative effectiveness at both state and federal levels. Governor Douye Diri’s Vision for a Modern Secretariat Speaking during the flag-off ceremony, Governor Douye Diri emphasized that the new office complex addresses the longstanding concerns of civil servants regarding inadequate office spaces. He recalled that workers had consistently raised this issue, particularly during Workers’ Day celebrations, prompting his administration to act decisively. “The repeated request from civil servants for better office accommodation motivated my decision to build this new secretariat,” Governor Diri stated. He further assured that the project’s funding was secure, with 30% of the total budget already disbursed to contractors and another 20% set for release as construction progresses. Project Features and Timeline Bayelsa State Commissioner for Works and Infrastructure, Mr. Moses Teibowei, provided insights into the scope of the project. He revealed that the nine-storey edifice, covering 3,675.633 square meters, will incorporate eco-friendly architectural designs and offer parking for 155 vehicles. Carlos Zanone, Operations Director of Megastar Technical and Construction Company Ltd., highlighted that the secretariat would feature modern amenities, including: The project is expected to be completed by 2026, significantly improving the work environment for Bayelsa’s civil service personnel. Bayelsa’s Commitment to Administrative Excellence The construction of this high-tech secretariat represents a significant step in strengthening Bayelsa’s administrative infrastructure. By prioritizing innovation and sustainability, the state government is ensuring that civil servants operate in a professional and efficient work environment. For more details on Nigeria’s infrastructure developments, visit the Federal Ministry of Works and Housing. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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Lagos Assembly Leadership Crisis: Obasa’s Return Sparks Controversy In a dramatic turn of events, the former Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has declared his return as head of the legislative body, despite his removal on January 13, 2025, over allegations of misconduct. Representing Agege Constituency I, Obasa insists that his impeachment was invalid as due process was not followed. He argues that his removal occurred in his absence while he was outside Nigeria, and he strongly opposes the militarization of the Assembly Complex during the process. However, lawmakers supporting the newly elected Speaker, Mojisola Meranda of Apapa Constituency I, reject Obasa’s claims, asserting that Meranda remains the legitimate leader. Meranda’s appointment marked a historic moment as she became the first female speaker in the history of Lagos State. Escalating Tensions and Legal Battle The ongoing power struggle has heightened political tensions in Lagos. Security forces and legislative staff clashed on February 17, 2025, amid the crisis. In a legal twist, 36 state lawmakers, including Meranda, appeared before an Ikeja court following Obasa’s lawsuit challenging his impeachment. The court has scheduled a hearing for March 7, leaving the situation unresolved and possibly escalating further. Reports suggest that the Governor’s Advisory Council (GAC), a political structure established by President Bola Tinubu since his tenure as Lagos governor in 1999, played a role in Obasa’s removal. It is alleged that some GAC members pushed for his impeachment after grievances against him were reported to Tinubu. The accusations against Obasa include insubordination toward Governor Babajide Sanwo-Olu and alleged financial mismanagement within the Assembly. GAC Chairman Tajudeen Olusi Speaks on the Crisis Tajudeen Olusi, the Chairman of GAC, has shed light on the ongoing impasse in an exclusive interview. With a robust political background dating back to his time as a lawmaker under the Unity Party of Nigeria (UPN), Olusi addressed speculations of internal power struggles within the GAC. He dismissed claims that there is an attempt to undermine Tinubu’s leadership, stating that such rumors are unfounded. Olusi revealed that, three years ago, he proposed that GAC members above 80 should step aside for younger politicians. However, this motion was met with resistance. Reflecting on the current crisis, he emphasized the importance of the GAC’s role in resolving disputes, citing their intervention in past conflicts between Sanwo-Olu and Obasa over commissioner nominations. The Lagos Assembly’s Institutional Challenge According to Olusi, the Lagos Assembly operates under constitutional provisions, though it functions semi-independently. He acknowledged Obasa’s willingness to find a resolution but warned that political opponents often exploit internal divisions to destabilize parties. He urged lawmakers to prioritize unity over factional disputes. Regarding allegations of a GAC split over Obasa’s impeachment, Olusi clarified that GAC members are not Assembly members and were not involved in the decision to remove Obasa. He emphasized that the Assembly should have consulted the party before proceeding with the impeachment. He also highlighted the APC’s responsibility in resolving internal conflicts through party mechanisms. Future of the APC and 2027 Elections Despite the ongoing turmoil, Olusi remains optimistic about APC’s future. He emphasized the importance of party unity and governance, expressing hope that President Tinubu will continue leading the country effectively. He acknowledged that political disputes are inevitable but stressed that party structures exist to mediate and resolve conflicts efficiently. Conclusion The leadership crisis in the Lagos State House of Assembly remains unresolved, with Obasa challenging his removal and GAC distancing itself from the controversy. As the court prepares to hear the case, political analysts predict that the outcome will significantly impact Lagos politics and the APC’s future in the state. For now, all eyes are on the judicial process and the role of party leadership in restoring stability. Read more on Lagos State Politics READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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The Growing Threat of Misinformation in the Digital Age In today’s digital era, misinformation has taken on an alarming form, fueled by the widespread availability of advanced communication technology. False narratives can now spread rapidly through text messages, videos, and online links, creating unwarranted panic. A recent viral video, falsely claiming that Premium Motor Spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) burns faster than other brands, exemplifies the destructive impact of unchecked disinformation. This misinformation campaign aims to undermine public confidence in NNPC’s fuel quality and tarnish the company’s reputation. NNPC’s Strong Rebuttal Against False Claims In response to the misleading video, Olufemi Soneye, NNPCL’s Chief Communications Officer, issued an official statement debunking the claims. He emphasized that the video lacks credibility, being based on unverified and amateur research. “This misleading video represents yet another desperate attempt by economic saboteurs to misinform the public and damage NNPCL’s reputation. We will not tolerate deliberate misinformation designed to undermine our operations and mislead Nigerians,” said Soneye. NNPC also warned that it would take legal action against individuals or groups spreading falsehoods about the company’s operations, reinforcing its commitment to transparency and credibility. Independent Validation of NNPC’s Fuel Quality Backing NNPC’s position, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) dismissed the claims about NNPC’s fuel quality. PETROAN conducted independent tests on NNPC’s PMS, confirming that it meets all regulatory and industry standards. According to PETROAN, the tests showed: The Economic Impact of False Narratives on NNPC Misinformation campaigns targeting NNPC are not just about damaging its reputation—they threaten Nigeria’s economic stability. Since its establishment in 1977, NNPC has remained the backbone of the nation’s economy. It plays a pivotal role in Nigeria’s GDP growth, particularly as the country relies heavily on the oil sector. Under the leadership of Mele Kyari, NNPC has made significant strides in the industry. According to the National Bureau of Statistics (NBS), the oil sector recorded a 10.15% growth in the second quarter of 2024, an increase of 23.58 percentage points from the previous year. This contributed 5.70% to Nigeria’s total real GDP, reinforcing the company’s role in national economic development. NNPC’s Role in Energy Security and Economic Growth NNPC has long been responsible for ensuring Nigeria’s energy security. Its transformation into a fully independent and commercially driven entity in 2022 was a strategic move to enhance efficiency and competitiveness. At the company’s unveiling, a former Nigerian president emphasized its role in sustaining energy security while delivering value to shareholders and the global energy community. Under the current leadership, NNPC is expanding gas infrastructure and investing in cleaner energy options such as Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) to drive sustainable energy solutions. These efforts position NNPC as a key player in Nigeria’s economic transformation and energy diversification. Fighting the Spread of Fake News in the Oil Industry The targeted misinformation campaign against NNPC is a dangerous precedent that could undermine national economic growth. The 2024 World Economic Forum ranks misinformation as one of the world’s most severe short-term risks, highlighting its potential to destabilize economies. Fake news and propaganda can erode investor confidence, disrupt fuel supply chains, and create unnecessary panic among consumers. Call to Action: Protecting National Interests It is in the national interest for Nigerians to reject efforts to de-market NNPC. The company is mandated by the Petroleum Industry Act (PIA) as the supplier of last resort, ensuring fuel availability during supply chain disruptions. If misinformation campaigns against NNPC continue unchecked, they could weaken the company’s ability to stabilize fuel prices and ultimately plunge Nigeria into an economic downturn. Conclusion: Supporting NNPC’s Commitment to Transparency NNPC has demonstrated its resilience against misinformation by exposing false claims and pursuing legal actions where necessary. As a nation, safeguarding the integrity of the oil sector is crucial to sustaining economic growth and energy security. Industry stakeholders, regulatory bodies, and the public must work together to combat fake news, ensuring accurate and transparent information prevails. For more insights into the risks of misinformation and economic stability, refer to the World Economic Forum’s Report on Global Risks 2024. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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Vatican Reports Pope Francis in Stable Condition Despite Pneumonia Complications Pope Francis, the 88-year-old leader of the Catholic Church, is reported to be in a stable condition following a two-week hospitalization for double pneumonia at Gemelli Hospital in Rome. According to the Vatican’s latest statement, the pontiff has shown no further respiratory crises since a severe bronchospasm episode earlier in the week. Despite remaining on oxygen support, Pope Francis has no fever, is alert, and has been engaging in prayer, confirming his gradual recovery. His haemodynamic parameters—relating to blood circulation—are stable, and there is no indication of leukocytosis, a condition that often signals an infection. “The clinical condition of the Holy Father remains stable,” the Vatican noted, emphasizing that while his recovery is progressing, the prognosis remains cautious. Medical Experts Weigh In on Pope’s Recovery Francis was initially admitted on February 14, 2025, with bronchitis, which later developed into pneumonia affecting both lungs. His health took a concerning turn last weekend when he experienced a major respiratory episode requiring blood transfusions. However, after days of gradual improvement, Friday brought fresh concern when he suffered a sudden bronchospasm, leading to vomiting and inhalation of stomach contents. Experts, including Professor Andrea Ungar of the University of Florence, suggest that the vomit likely aggravated the pneumonia, necessitating increased antibiotics, ventilation support, and respiratory therapy. The first 24 to 48 hours following such an incident are critical in determining whether additional complications will arise. Medical professionals estimate that, even under optimistic circumstances, Pope Francis may need to remain in the hospital for at least another 10 days. Global Outpouring of Prayers and Support Across the world, Catholics and well-wishers continue to pray for the pope’s swift recovery. Pilgrims have gathered outside Gemelli Hospital, lighting candles and offering prayers beneath a statue of Pope John Paul II. Messages of encouragement, including letters from children and symbolic balloons, have been left for the Holy Father. Many express hope for his recovery. “I feel deeply saddened,” said Assunta Pandolfi, a retired resident of Rome, “but I believe Pope Francis will pull through.” Media outlets from around the globe have stationed crews outside the hospital, reflecting the widespread concern over the Pope’s condition. What’s Next for Pope Francis? While still working from the 10th floor papal suite at the hospital, Pope Francis’ absence has reignited discussions regarding his ability to continue leading the Church. His current hospitalization is his fourth since 2021, making it the longest of his papacy. Due to his health condition, he will miss the Sunday Angelus prayer for the third consecutive weekend. Instead, the Vatican has announced that a pre-written message will be released in his place. The pontiff, who had part of his lung removed as a young man, has faced increasing health challenges in recent years, including colon surgery in 2021 and a hernia operation in 2023. His struggles with bronchitis, knee pain, and hip issues have made him reliant on a wheelchair. While Pope Francis has previously acknowledged that resignation is a possibility should his health significantly deteriorate, he has maintained that he does not yet see it as necessary. Expert Predictions: A Long Road to Recovery Medical specialists caution that, given his age and pre-existing conditions, Pope Francis’ recovery will take time. While there are no immediate concerns of deterioration, his condition will require continuous monitoring to prevent setbacks. For more expert analysis on elderly respiratory health and recovery, visit the Mayo Clinic’s official website, a trusted source for medical insights. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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London Summit Strengthens UK-Ukraine TiesUK Prime Minister Keir Starmer warmly welcomed Ukrainian President Volodymyr Zelensky to Downing Street on Saturday, reinforcing Britain’s steadfast support for Ukraine. This high-level meeting took place ahead of a critical summit in London, where European leaders convened to discuss sustained aid for Ukraine in its ongoing resistance against Russian aggression. Strengthening Security AlliancesStarmer emphasized the need for robust security commitments alongside allies, highlighting the significance of a collaborative European effort. “In partnership with our allies, we must enhance preparations for European security guarantees while maintaining dialogue with the United States,” Starmer stated. He further stressed unity as the key to securing Ukraine’s stability and strengthening global security against external threats. £2.26 Billion Loan Agreement to Bolster Ukraine’s DefenseIn a significant development, the UK and Ukraine finalized a £2.26 billion ($2.84 billion) loan agreement aimed at bolstering Kyiv’s defense capabilities. The funds, derived from immobilized Russian sovereign assets, will be allocated to weapons production within Ukraine. Zelensky, acknowledging this crucial financial support, stated on X (formerly Twitter): “This is true justice—the aggressor must bear the consequences of war.” A Warm Welcome at Downing StreetZelensky received a heartfelt reception in London, greeted by cheering supporters before his meeting with Starmer. The two leaders engaged in closed-door discussions lasting approximately 75 minutes, after which Zelensky expressed gratitude to the UK for its unwavering support. “I want to thank you and the people of the United Kingdom for your steadfast backing from the very beginning of this war,” Zelensky said. He is scheduled to meet King Charles III on Sunday, further cementing diplomatic ties. Tensions with Trump and Global ImplicationsZelensky’s visit comes shortly after a contentious exchange with former US President Donald Trump, where Trump criticized Ukraine’s war strategy and urged a rapid resolution. European leaders, including French President Emmanuel Macron, Polish Prime Minister Donald Tusk, and NATO Secretary-General Mark Rutte, reaffirmed their support for Kyiv following this diplomatic rift. Rutte, in a BBC interview, urged Zelensky to mend relations with Trump to ensure continued US backing for Ukraine’s defense efforts. Russia’s Reaction and Political DividesWhile European allies stood in solidarity with Ukraine, Russia’s former president Dmitry Medvedev ridiculed Zelensky, calling him an “insolent pig” and celebrating the diplomatic tensions between Ukraine and the US. Despite this, Zelensky remained resolute, emphasizing that his government remains open to security agreements with the US. “We need President Trump’s support, and no one desires peace more than Ukraine,” he reiterated on X. EU’s Growing Call for Independence from US Security PolicyWith uncertainties surrounding US commitments to NATO, European leaders have begun advocating for greater regional security independence. French President Macron suggested a discussion on a potential European nuclear deterrent, emphasizing Europe’s need to protect itself independently. Meanwhile, Germany’s likely next leader, Friedrich Merz, underscored the urgency of reducing reliance on American military support. However, Hungarian Prime Minister Viktor Orban, a close ally of Trump and Russia, opposed an EU-wide agreement, instead urging direct peace negotiations with Moscow. Conclusion: Strengthened UK-Ukraine Relations in a Shifting Global LandscapeAs geopolitical shifts continue, the UK’s unwavering support for Ukraine stands as a beacon of stability. The London summit and the newly secured loan agreement further reinforce Britain’s commitment to Ukraine’s sovereignty and security. With tensions rising and diplomatic landscapes evolving, the coming months will be crucial in defining the future of Ukraine and Europe’s collective defense strategy. : BBC News Coverage on UK-Ukraine Relations READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Pope Francis, who has been hospitalized for two weeks due to double pneumonia, remains in a stable condition, according to an official statement from the Vatican. Despite experiencing a breathing crisis on Friday, the pontiff’s health has not deteriorated further, and he continues to receive oxygen therapy. Vatican Provides Update on Pope Francis‘ Recovery The 88-year-old Pope’s condition has been closely monitored by medical professionals. While his treatment involves alternating between non-invasive mechanical ventilation and prolonged high-flow oxygen therapy, his haemodynamic parameters—including heart rate and blood pressure—have remained stable throughout. According to the Vatican, Pope Francis has shown encouraging signs of recovery. He has maintained a regular diet and is actively cooperating with respiratory physiotherapy sessions. Notably, he has not exhibited any bronchospasm episodes, a common complication of severe respiratory infections. Pope Francis Remains Spiritually Engaged Despite his health challenges, Pope Francis remains mentally alert and engaged. On Saturday afternoon, he received the Eucharist and spent time in prayer, demonstrating his unwavering spiritual dedication. Although his medical team has not provided a definitive prognosis, the Vatican reassures that his condition remains stable. Medical experts continue to closely monitor his recovery to ensure the best possible outcome. For further updates on Pope Francis’ health, visit Vatican News. Vatican News READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Football’s governing body, the International Football Association Board (IFAB), has introduced a major rule change to tackle goalkeeper time-wasting. Starting next season, goalkeepers who hold the ball for more than eight seconds will concede a corner kick to the opposing team. Current vs. New Rule Under existing regulations, goalkeepers are expected to release the ball within six seconds. If they exceed this limit, they should technically be penalized with an indirect free kick. However, enforcement of this rule has been inconsistent, with referees often overlooking the violation. To address this, a trial was conducted in several competitions, allowing goalkeepers to hold the ball for up to eight seconds. During the final five seconds, referees signaled a countdown using hand gestures. Following a review, IFAB has now formalized the change: if a goalkeeper exceeds the eight-second limit, the opposing team will be awarded a corner kick instead of an indirect free kick. Official Statement from IFAB In a press release following their annual meeting in Belfast, IFAB confirmed the amendment: “The modification ensures that if a goalkeeper holds the ball for longer than eight seconds (with referees visually signaling the last five seconds), the opposing team will be awarded a corner kick instead of the current indirect free kick.” Additional FIFA Developments In addition to this rule change, IFAB has also endorsed FIFA’s proposal for referees to wear body cameras during next year’s World Cup. This initiative aims to enhance live match coverage and transparency in officiating decisions. Impact of the New Goalkeeper Rule This update is expected to significantly alter match strategies, discouraging time-wasting and increasing game tempo. Teams will now need to ensure that their goalkeepers distribute the ball promptly to avoid conceding unnecessary corners. For more details on IFAB’s latest rule changes, visit the official FIFA website. For further insights on FIFA’s official stance, read their statement on FIFA.com. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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A devastating accident occurred early Saturday morning along the Benin-Auchi highway, resulting in the deaths of 12 passengers after a Toyota Hiace bus collided with a truck and caught fire. According to the Edo Sector Commander of the Federal Road Safety Corps (FRSC), Cyril Mathew, the incident happened around 5 a.m. at Igueoviobo community, close to an army checkpoint. Deadly Collision Leads to Tragic Loss of Lives The ill-fated bus, which departed from Zuba in the Federal Capital Territory (FCT) and was en route to Benin, reportedly veered into the path of an oncoming truck heading toward Auchi. “All the passengers on the bus perished in the crash,” Mathew confirmed, adding that fatigue might have been a factor, as the driver likely fell asleep behind the wheel, leading to the tragic collision. Flames Engulf the Bus, No Survivors Following the impact, the bus was immediately engulfed in flames, leaving no chance for rescue operations. The FRSC commander noted that officials identified the victims through the bus manifest and had already reached out to their families. While all passengers in the bus lost their lives, the truck driver and his assistant, commonly known as the “motor boy,” managed to escape without injuries. FRSC Warns Against Driving Fatigue In response to the incident, Mathew reiterated the importance of avoiding fatigue during long-distance travel. He advised drivers to take breaks and rest when feeling tired to prevent further accidents of this nature. For more on road safety guidelines, visit the Federal Road Safety Corps official website. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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Ekaette Akpabio, the wife of Senate President Godswill Akpabio, has filed multiple legal cases against Kogi Central Senator Natasha Akpoti-Uduaghan, accusing her of defamation and seeking N250 billion in damages. The lawsuits stem from comments Akpoti-Uduaghan made during an interview on Arise TV, where she claimed that Senate President Akpabio had made inappropriate advances toward her, both in his office and at his residence in Akwa Ibom. In response, Ekaette Akpabio strongly denied these allegations, emphasizing that her husband is a man of integrity. She dismissed the claims as “false and baseless.” Taking legal action, Ekaette filed a fundamental rights lawsuit at the Federal Capital Territory (FCT) High Court. She argued that the senator’s statements subjected her and her children to “emotional and psychological distress.” As part of the lawsuit, she has requested a restraining order to prevent Akpoti-Uduaghan from making any further “malicious and defamatory” remarks that violate her fundamental rights. The legal claim also includes a demand for N250 billion in exemplary, punitive, aggravated, and general damages. Ekaette Akpabio insists that Akpoti-Uduaghan’s statements have significantly tarnished her reputation and that of her family, causing public disgrace and personal harm. Additionally, she has petitioned the court to compel the senator to issue a public apology, which should be published in two widely read national newspapers. The lawsuit further requests an additional N1 billion in punitive and exemplary damages to compensate for the harm caused by the defamatory claims. She has also called for a perpetual injunction to permanently restrain Akpoti-Uduaghan from making further damaging statements against her family. As of now, Senate President Godswill Akpabio has not publicly addressed the accusations made by Akpoti-Uduaghan. Learn more about defamation laws in Nigeria READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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The National Association of Nigerian Students (NANS) has urged President Bola Tinubu and the leadership of the National Assembly to intervene in the escalating dispute between Senate President Godswill Akpabio and Senator Natasha Akpoti-Uduaghan, representing Kogi Central. The student body warns that failure to address the issue could lead to international embarrassment for Nigeria. NANS Calls for Immediate Intervention In a statement issued in Abeokuta, Ogun State, and signed by NANS National Vice President Akinbodunse Sileola Felicia, the association emphasized the importance of resolving the tension between both senators before it spirals out of control. The conflict emerged during a Senate plenary session when Akpoti-Uduaghan and Akpabio clashed over seating arrangements. The situation escalated when Akpoti-Uduaghan later accused the Senate President of sexual harassment. Peace Advocacy Amidst Growing Tensions Akinbodunse appealed for calm, urging both lawmakers to set aside their differences in the interest of national stability. She stressed that the National Assembly is a critical governmental institution that should be composed of responsible and ethical representatives. She further highlighted that if the allegations of sexual harassment leveled against Akpabio are not properly handled, they could tarnish Nigeria’s international reputation. The Need for a Thorough Investigation While acknowledging that Akpoti-Uduaghan has yet to provide substantial evidence to support her claims, the NANS vice president advised the Senate leadership to investigate the allegations thoroughly. She emphasized that the legislative chambers should focus on pressing national issues rather than internal disputes, especially during this period of economic challenges. Call for Reconciliation and National Interest Akinbodunse urged Senate President Akpabio to demonstrate leadership by extending an olive branch to Akpoti-Uduaghan. Likewise, she encouraged the female senator to prioritize peace and national interest over personal grievances. Students Ready to Take Action NANS has vowed to monitor the situation closely and has warned that if the dispute is not amicably settled, students across Nigeria may be compelled to stage a protest at the National Assembly. Read more about Nigeria’s legislative processes READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
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Swedish pole vaulter Armand Duplantis has once again shattered his own world record, clearing an incredible 6.27m at the All Star Pole Vault event in Clermont-Ferrand, France. Duplantis Sets a New Standard in Pole Vaulting On February 28, 2025, Olympic gold medalist Armand Duplantis rewrote history by surpassing his previous world record, soaring over 6.27 meters at the International Indoor Athletics Meeting in Clermont-Ferrand. The Swedish champion had already secured his victory at 6.07m before attempting the groundbreaking leap. With a perfectly executed run-up and immense focus, Duplantis cleared the bar on his first attempt, further cementing his dominance in the sport. “I just felt really good. I came here to do it, and everything fell into place,” he said after his historic performance. A Legacy of Breaking Records This latest achievement marks the 11th time Duplantis has broken the pole vault world record since first claiming it with a jump of 6.16m in February 2020. His previous best was 6.26m, achieved at a Diamond League event in Chorzów, Poland, in August 2024. Friday’s performance was not just about athletics—Duplantis also had his newly released song, Bop, playing in the background as he took on the record-breaking attempt. “It was exactly as I imagined in my head. I rushed the song out just in time for this event, and it felt great hearing it while jumping,” he said. A Rivalry and a Stunning Performance In an intense competition, Greek pole vaulter Emmanouil Karalis, an Olympic bronze medalist, also cleared 6.02m but withdrew due to cramps, opting not to risk further attempts. This left Duplantis to dominate, clearing 6.07m before challenging himself to the historic 6.27m leap. Why Clermont-Ferrand? The Swedish-American athlete has a history of success in Clermont-Ferrand, having previously set the 6.22m record at the same venue in 2023. Explaining his decision to compete here instead of the European Indoor Championships, Duplantis shared, “I just love it here. The atmosphere is amazing, and I always perform well.” What’s Next for Duplantis? Following this record-breaking feat, Duplantis will compete again on March 13 in Uppsala, Sweden, at an event he is organizing, before heading to the World Indoor Championships in Nanjing, China, from March 21-23. When asked if he believes he can break the 6.30m barrier, he confidently hinted, “Maybe 28, 29”, leaving fans eagerly anticipating his next attempt at making history. With this record-breaking performance, Armand Duplantis continues to redefine the limits of pole vaulting, leaving fans excited for what’s next in his already legendary career. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Understanding the Ground Handling Dispute in Nigeria’s Aviation Industry The recent price hike in ground handling services has sparked a heated debate among domestic airline operators and aviation stakeholders in Nigeria. Chris Aligbe, a former General Manager of Corporate Affairs at Nigeria Airways and now an aviation consultant, sheds light on the situation, emphasizing the necessity of these cost adjustments. Ground handling companies provide crucial services such as passenger boarding, baggage handling, aircraft refueling, catering, and maintenance coordination. These services ensure seamless flight operations. However, the rising cost of operations, forex fluctuations, and inflation have compelled ground handling companies to adjust their rates. Aviation Industry Changes Over the Years In the early days of Nigeria’s aviation industry, NAHCO was the sole ground handling company, primarily controlled by the Federal Airport Authority of Nigeria (FAAN) with investments from foreign airlines. Eventually, NAHCO transitioned into a fully private entity. Nigeria Airways, on the other hand, had Skypower Aviation Handling Company (SAHCO), which survived privatization and later evolved into Skyway Aviation Handling Company, currently owned by Sifax Group. According to Aligbe, ground handling charges were not a major concern in the past, but with rising operational costs, it has become necessary for these service providers to increase their rates to sustain business operations. Are Higher Ground Handling Charges a Burden on Airlines? Aligbe argues that the recent increase in ground handling fees should not be viewed in isolation, as costs have risen across various aviation sectors. Airlines have consistently adjusted ticket prices to accommodate surging fuel prices, foreign exchange rates, and other expenses. Consequently, ground handling firms also need to adjust their pricing to remain viable. While airlines worry about the financial implications, Aligbe notes that ground handling expenses are among the lowest operational costs in aviation. The biggest cost drivers for airlines remain aviation fuel and forex. Additionally, the specialized equipment required for ground handling services is imported, necessitating forex transactions and high maintenance costs. Breaking Down the Price Increase The notion that ground handling fees have surged by 600% is misleading, according to Aligbe. The increase, in reality, is closer to 300%, raising the cost for handling a Boeing 737 from ₦75,000 to approximately ₦280,000–₦290,000. Given the manpower, technical expertise, and specialized equipment involved, this adjustment is justified. Despite airlines’ concerns about rising costs, it is important to recognize that ground handling charges have remained relatively stable compared to fluctuations in airfare during peak travel seasons. For instance, ticket prices during the December holiday period skyrocketed to between ₦500,000 and ₦700,000, whereas ground handling fees remained unchanged. Role of the Government and Regulatory Bodies While the Minister of Aviation intervened to mediate the situation, Aligbe asserts that the industry remains deregulated, meaning the government cannot directly dictate pricing. However, the Nigerian Civil Aviation Authority (NCAA) has encouraged negotiations between airlines and ground handling firms to maintain industrial harmony. Ultimately, the dispute was resolved with a 15% reduction in the proposed handling fees, settling at a new rate approximately 260% higher than the previous charge. This compromise ensures that ground handling companies can sustain operations while keeping airline costs within reasonable limits. Conclusion The increase in ground handling fees is a necessary adjustment dictated by economic realities. While airlines express concerns over rising costs, the aviation sector must recognize that all service providers in the industry face similar financial pressures. As the aviation landscape continues to evolve, collaboration between stakeholders remains essential to sustaining efficient and safe airline operations in Nigeria. International Air Transport Association (IATA) on Ground Handling Services READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
