Emir of Kano, Muhammadu Sanusi II, has expressed concerns over the absence of credible individuals within President Bola Tinubu’s administration to effectively communicate its economic policies. At the 21st Memorial Lecture of Chief Gani Fawehinmi held in Lagos on Wednesday, the former governor of the Central Bank of Nigeria stated that the government lacks reliable figures who can adequately explain its actions to the public. “I don’t want to help this government. They’re my friends, but if they don’t act like friends, I won’t act like one either. They don’t have credible people who can step up and explain what they’re doing. I refuse to assist them,” Sanusi remarked. He further stated that while he could offer insights into the current economic crisis in Nigeria, including whether it was predictable or avoidable, he had chosen to refrain from commenting on the nation’s economic situation. “I’ve decided not to speak about the economy,” he concluded. Sanusi’s remarks came in the wake of his ongoing critique of the challenging economic conditions under President Tinubu’s leadership in 2024. He emphasized that the nation is grappling with severe hardships, with ordinary Nigerians struggling to cope with soaring food prices. “People are in a dire situation,” he lamented, adding that many are now forced to buy just half a pepper due to the high cost of food. “This is unbearable.” Since President Tinubu’s controversial removal of fuel subsidies and the unification of the exchange rate, the nation has witnessed dramatic price hikes. Fuel prices have soared to N1,000 per liter, and the naira now trades at over N1,500 to the US dollar. Inflation has exceeded 34%, further exacerbating the financial strain on the population. These developments sparked a 10-day protest in August 2024, as Nigerians voiced their frustration. Despite the ongoing economic struggles, President Tinubu has defended his policies, claiming that the hardships faced by citizens are necessary sacrifices for a better future. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
In the aftermath of recent farmer killings, Nigerian Army troops, operating under the umbrella of Operation Fansan Yanma, have successfully dealt a significant blow to terrorist groups in Sokoto and Kebbi states. According to a security source, Zagazola Makama, a series of well-coordinated operations were carried out targeting local government councils, including Illela, Tangaza, Gudu, Binji, and Silami in Sokoto State, and Augie, Arewa, Argungu, and Dandi councils in Kebbi State. These efforts led to the neutralization of over 20 terrorists, dismantling their camps, and forcing them to flee their hideouts. The operations, which aimed to restore peace and security, saw troops sweeping through terrorist strongholds in the Tsauna, Bauni, and Sarma forests. The Army pushed deep into these critical areas, flushing out terrorists, destroying their camps, and recovering valuable equipment. In Sarma Ruga, 20 terrorists were killed during intense combat. Fleeing terrorists abandoned their weapons, hideouts, and supplies, many of which were destroyed by the troops. A significant breakthrough came with the clearance of Manja village, which had been abandoned for four years due to banditry and terrorist activities. Locals have since begun returning to their homes, expressing their gratitude for the Army’s efforts to liberate the area. The troops also discovered and cleared a newly established terrorist camp near Mai Hills, where they found essential supplies and logistics left behind by the terrorists. The operation continued with a push towards Jaima village, a border community, where Nigerien troops were reported to be conducting patrols. Meanwhile, in Borno State, barely 24 hours after attacking Bazir village in Chibok Local Government Area, Boko Haram terrorists launched another assault on Shikarkir Ward of Chibok. The terrorists set fire to the Church of Brethren and several residential buildings. Earlier, Boko Haram terrorists attacked Bazir, killing two siblings, setting fire to the church, and destroying a residential building. The terrorists looted livestock and foodstuffs before fleeing. One of the victims’ family members, Mallam Daniel Shikarkir, confirmed that his elderly parents, aged 82 and 79, escaped the attack unharmed, but their home was completely destroyed. 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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Amnesty International (AI) has called for Boko Haram to be held accountable for the years of atrocities and war crimes it has committed against Nigerian civilians. This comes as human rights lawyer, Femi Falana (SAN), condemned the harassment and legal threats directed at Amnesty International Nigeria (AIN). Civil Society Organizations (CSOs) have also urged President Bola Tinubu to take immediate action to end the alleged intimidation of the rights group. AIN’s Director, Isa Sanusi, spoke out after the brutal attack by Boko Haram on farming communities in Borno State on January 12, where over 40 civilians were killed. Sanusi condemned the massacre, highlighting Boko Haram’s utter disregard for human life and international humanitarian law. “Boko Haram must be held to account for its years of atrocities,” Sanusi said. “Our investigation found that Boko Haram gathered farmers and fishermen, separated the men, and shot them at close range. Those attempting to escape were chased down and killed, while others were injured.” The search for bodies continues, with plans for a mass burial for the victims. Sanusi emphasized that Boko Haram’s ongoing abductions and widespread looting remain a serious threat to civilians, stressing that urgent measures are needed to protect the public and ensure justice for victims. Since 2020, Boko Haram has specifically targeted farmers around Lake Chad. Meanwhile, Falana condemned the Nigerian Police Force (NPF) for intimidating Amnesty International simply for fulfilling its legitimate duties. The NPF had, through a letter on January 6, 2025, demanded a retraction and public apology regarding AI’s publication on police violence during the August 2024 #EndBadGovernance protests. The police refuted the accusations, calling them false and unsubstantiated. Falana responded, criticizing the legal threats as harassment aimed at stifling free speech and activism. Several CSOs, including the Civil Society Legislative Advocacy Centre (CISLAC), Centre for Journalism Innovation and Development (CJID), and 64 others, condemned the police’s actions. They called on the Nigerian government to halt the escalating crackdown on activists, human rights defenders, and journalists, and to ensure that Nigerians can freely exercise their rights without fear of retaliation. 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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Nigeria’s inflation rate rose to 34.80% in December 2024, slightly up from 34.60% in November, according to the latest National Bureau of Statistics (NBS) report. This surge is attributed to increased demand for goods and services during the holiday season, marking a 5.87% year-on-year rise from 28.92% in December 2023. This is the last inflation figure calculated under the current methodology, with a rebasing scheduled later this month. The rebasing will adjust the base year to 2024 to reflect recent economic shifts, including subsidy removals and an expanded inflation basket, which will now include 960 items instead of 740. Economists and policymakers are concerned about the inflationary trend, especially as the data overhaul may likely result in revised, lower inflation figures. Food Inflation Strains Households Food inflation hit a staggering 39.84% in December, up from 33.93% the previous year, significantly impacting household budgets. The NBS observed a 2.44% month-on-month inflation rate, a slight decrease from November’s 2.64%, suggesting that price increases may be slowing. However, the high food inflation is the key driver behind the overall inflation spike. The rise in food prices, particularly for items like yam, sweet potatoes, and beer, was further fueled by the December festive season, when demand for goods and services traditionally peaks. The consequences of this inflationary pressure are most severe for the poor and vulnerable, who struggle to afford staple food items like rice, maize, and tubers. Regional Disparities and Increased Cost of Living Sokoto, Zamfara, and Edo states saw the highest food inflation rates, reaching 57.47%, 46.39%, and 46.32%, respectively. These regions may face worsening food insecurity and social unrest due to skyrocketing food costs. The urban-rural divide is also evident, with urban inflation increasing to 37.29% while rural inflation stood at 32.47%. Urban residents, already dealing with high transportation and housing costs, face more financial strain, while rural households, which depend on agriculture, are struggling with reduced purchasing power, especially if the costs of farming inputs continue to rise. Challenges for Businesses and Investors High inflation diminishes consumers’ purchasing power, leading to reduced demand for goods and services. Small and medium enterprises (SMEs), which are vital to Nigeria’s economy, may particularly feel the strain. Additionally, rising input costs could force companies to reduce profitability, potentially causing layoffs and rising unemployment. Furthermore, sustained inflation and economic instability may deter both foreign and domestic investors. Uncertainty regarding price stability and profitability makes Nigeria less appealing for investment, further impeding economic recovery. Modest Signs of Easing Inflationary Pressure Although inflation remains high, the NBS observed a slight month-on-month decline in inflation growth. Headline inflation in December stood at 2.44%, down from 2.64% in November. Food inflation moderated slightly to 2.66% in December, compared to 2.98% in November. This reduction signals potential relief, though it remains too small to counteract broader inflation trends. While there have been slight declines in some food prices, such as for local beer, fruit juices, and cereals, these improvements are not enough to mitigate the overall inflationary pressures. Core Inflation and Its Impact Core inflation, excluding food and energy, grew by 53 basis points to 29.28%, up from 28.75% in November. Key drivers include rising costs in areas like transportation, housing, and personal services such as haircuts. The core inflation index increased by 41 basis points to 2.24% month-on-month in December, up from 1.83% in November. Outlook for 2025: Possible Economic Stabilization Dr. Muda Yusuf, Director/CEO of the Centre for the Promotion of Private Enterprise (CPPE), commented on the persistent inflationary pressures and suggested a positive outlook for 2025. Factors such as stabilization in exchange rates, improvements in foreign reserves, and the potential easing of geopolitical tensions under the incoming U.S. presidency could help moderate inflation in the coming year. To ease inflationary pressures further, CPPE recommended that the Central Bank of Nigeria (CBN) pause on tightening monetary policies and interest rate hikes to reduce operating costs for businesses. Additionally, fiscal policies should focus on reducing the fiscal deficit and decelerating public debt growth. Yusuf also raised concerns about the National Assembly’s focus on revenue generation, stressing that pressure on Ministries, Departments, and Agencies (MDAs) to meet revenue targets could inadvertently fuel inflation and hamper investment. A balance must be struck between generating revenue, boosting investment, and controlling inflation. Key Takeaways: 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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The Nigeria Customs Service revealed that the AEO program has saved importers and SMEs N100 million in just four months. Discover the impact and benefits of this modernisation effort set for official launch in 2025. The Nigeria Customs Service (NCS) has announced that its pilot Authorised Economic Operator (AEO) programme has successfully saved importers, logistics operators, and Small and Medium Enterprises (SMEs) a significant N100 million within just four months. This disclosure came during the AEO Pre-launch Stakeholder Engagement and Sensitisation event on Post Clearance Audit (PCA) and Advance Ruling, held on Wednesday in Lagos. The Comptroller General of Customs, Bashir Adewale Adeniyi, confirmed that the official launch of the AEO programme is scheduled for February 14, 2025. Speaking through the Assistant Comptroller General of Customs, Trade and Tariff, Kingsley Egwuh, Adeniyi explained that the AEO initiative is a vital part of the NCS’s modernisation efforts, aimed at aligning Nigeria with global trade standards and enhancing supply chain security. It’s designed to foster a more transparent, efficient, and secure trading environment, promoting trusted partnerships between Customs and economic operators. The pilot phase, which started on April 15, 2024, involved six beneficiaries from various sectors, including importers, logistics operators, and SMEs. This pilot has not only provided critical insights into stakeholder needs but also contributed to significant financial and operational benefits. Since the AEO benefits were fully administered on September 2, 2024, participants have saved approximately N100 million. This success underscores the programme’s potential to streamline trade processes, reduce costs, and speed up the movement of goods through the supply chain. Beyond financial gains, the AEO programme has introduced key improvements in efficiency. The integration of Advance Ruling and Post-Clearance Audit (PCA) mechanisms further supports compliance, ensuring predictability and timely customs procedures, and safeguarding government revenue. Adeniyi reiterated that the NCS is dedicated to fostering an enabling environment for trade. The Advance Ruling and PCA initiatives are crucial for maintaining transparency and compliance, which are vital for smoother trade operations. As the programme gears up for its full launch in 2025, the current stakeholder engagement session plays a critical role in sharing findings from the pilot phase. Customs is committed to co-creating solutions with stakeholders to address any gaps and ensure the sustainability and success of the AEO programme. The feedback gathered will be invaluable in refining the program, ensuring that it meets the needs of all parties involved and further strengthens Nigeria’s position as a key player in global trade. This updated blog post ensures clarity and structure for better reader retention and engagement. With optimized focus keywords, image keyphrase, and a detailed meta description, it’s aligned with Rank Math SEO standards for increased visibility. 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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The Federal Airports Authority of Nigeria (FAAN) has revealed that an estimated N580 billion is needed for the renovation of airport runways across the country. This was disclosed by FAAN’s Managing Director, Olubunmi Kuku, during a recent tour of Lagos airport facilities by the Permanent Secretary of the Ministry of Aviation, Dr. Ibrahim Kana. Kuku explained that the runways, which were originally built in the late 1970s, have surpassed their expected lifespan of 20 to 25 years. She emphasized that many of FAAN’s facilities, including terminals and runways, are aging and in urgent need of repairs. This situation is affecting the operational efficiency and safety of the airports, demanding substantial investments for modernization. Furthermore, despite efforts to enhance airport security, FAAN continues to face challenges managing security risks, particularly with the rising number of air travelers and the potential for threats at key airport locations. Issues such as land encroachment, due to the absence of a proper perimeter fence, are also ongoing concerns across the country. Many airports are also burdened with outdated equipment, such as old fire tenders, air conditioning systems, and conveyor belts with worn-out components. These inefficiencies contribute to high maintenance costs, which need addressing to improve overall airport performance. Looking ahead, Kuku shared that FAAN plans to modernize airport infrastructure through the renovation of terminals, runway expansions, and the upgrading of navigational aids. Additionally, the construction of a new and modern FAAN headquarters is set to begin in 2025, aiming to centralize operations and improve efficiency. As part of the modernization efforts, FAAN will prioritize major international airports and regional airports to accommodate the growing demands for passenger and cargo services. Kuku stressed the importance of deliberate and focused efforts to address issues at the airports, particularly with runway rehabilitation. In terms of revenue growth, FAAN aims to increase its earnings for 2025 by adopting innovative strategies to boost non-aeronautical revenue. This includes exploring commercial concessions, advertising, real estate development, and expanding cargo operations. Kuku also noted that FAAN remitted N128.7 billion into the Federation account in 2024, with a significant increase in net inflows due to efforts to minimize revenue leakages. FAAN’s strategic focus for 2025 includes forming Public-Private Partnerships (PPP) to expand investment opportunities and develop underutilized assets. Kuku highlighted that FAAN will also invest in advanced security systems, such as biometric screening and enhanced surveillance technologies, to comply with global standards. To further strengthen security, FAAN will intensify staff training on aviation safety and security procedures. In addition, the authority plans to upgrade its e-procurement systems to minimize technical downtimes and align FAAN’s goals with both national aviation policies and international standards. Moreover, FAAN aims to integrate environmentally sustainable practices into its operations, focusing on energy efficiency, waste management, and reducing carbon emissions. Collaboration with industry stakeholders will also be a priority to adopt green airport initiatives. Lastly, FAAN will focus on increasing its workforce to support the expanding operations while ensuring employee welfare through better working conditions and enhanced benefits. 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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The Federal Government of Nigeria has addressed recent remarks by the 16th Emir of Kano, Muhammadu Sanusi II, regarding the economic policies under President Bola Ahmed Tinubu’s administration. In a statement released on Thursday, the government made it clear that it does not require external validation to pursue its economic reforms aimed at stabilizing the country’s economy. The government’s response came after Emir Sanusi’s comments at a public event in Lagos, where he acknowledged the need for reforms but chose not to publicly support the government’s efforts. The government found this position “amusing,” especially given Sanusi’s leadership role, which calls for transparency and fairness. The statement expressed disappointment over Sanusi’s subtle criticism of reforms that are globally recognized as essential, including by Sanusi himself in the past. The government noted that, as an economist, Sanusi has a responsibility to support policies that promote national progress rather than undermine them due to shifting political loyalties. The government emphasized that Nigeria is at a critical point where decisive actions are necessary to address long-standing economic challenges. These reforms, the statement argued, are not just important but unavoidable, acknowledging that the temporary challenges Nigerians are facing are the result of years of mismanagement. Progress made so far, such as the unification of exchange rates and the removal of fuel subsidies, has already shown positive results, the government stated. These steps have increased investor confidence and freed up resources for key sectors like healthcare, education, and infrastructure. According to projections from international bodies like the World Bank, Nigeria’s GDP is set to rise, signaling an economic recovery. The government called for unity and collaboration from all Nigerians, urging leaders to avoid rhetoric that undermines public trust and instead work together for the country’s collective benefit. In closing, the statement urged leaders and citizens to prioritize Nigeria’s future, emphasizing the shared goal of a prosperous and better nation. SEO Optimization Notes: 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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In a significant diplomatic development, United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan has accepted an invitation from Nigerian President Bola Ahmed Tinubu to visit Nigeria later this year. This invitation was extended during their bilateral talks on the sidelines of the Abu Dhabi Sustainability Week 2025, where global leaders gathered to discuss critical sustainability issues such as climate change, energy, and water crises. President Tinubu, who presented Nigeria’s position on sustainability and climate change at the event, took the opportunity to congratulate Sheikh Mohamed for successfully hosting the prestigious summit. Both leaders used the occasion to underline the importance of enhancing economic ties between the two nations and fostering investments in Nigeria’s economy. Sheikh Mohamed expressed his gratitude for President Tinubu’s participation and reaffirmed the UAE’s commitment to further strengthening relations with Nigeria. During their meeting, President Tinubu shared his administration’s positive economic reforms, which have helped stabilize and drive growth in Nigeria. He urged the UAE to partner with Nigeria in developing key economic sectors, noting the increased confidence of international investors who have pledged billions of dollars in investments. The discussions, held at the Emirates Palace Mandarin Oriental in Abu Dhabi, were attended by top officials from both nations, including Saeed Al Shamsi, the UAE Ambassador to Nigeria. As President Tinubu expressed his gratitude for the UAE’s warm reception, both leaders looked forward to further deepening their nations’ partnership. Sheikh Mohamed’s forthcoming visit to Nigeria is expected to solidify the growing relationship between the two countries and open new opportunities for collaboration in economic development and sustainability. 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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The electricity sector in Nigeria experienced a notable decline in October 2024 as the total amount billed by Distribution Companies (DISCOs) to electricity customers fell by 5.4%, dropping to N213.62 billion from N225.80 billion in September 2024. Similarly, the total revenue collected by DISCOs decreased by 5.0%, reaching N163.07 billion in October compared to N171.58 billion in September. Despite these declines, DISCOs managed to achieve a 76.33% total revenue collection efficiency for the month. Billing and Collection Insights The latest data from the Nigerian Electricity Regulatory Commission (NERC) revealed an increase in billing efficiency, which rose to 84% in October 2024, compared to 82.36% in the preceding month. However, challenges in revenue recovery remain, as the average allowed tariff for October stood at N115.74k/kWh, while actual collection per kilowatt-hour was N86.62k/kWh, resulting in an overall recovery efficiency of 74.84%. In terms of energy distribution, DISCOs received a total of 2,361.43 GWh in October, out of which 1,988.52 GWh was billed, representing a billing efficiency of 84.21%. These figures underscore the ongoing difficulties in translating energy delivery into revenue. Industry Challenges Operators in the power sector attribute the sector’s liquidity issues to persistent shortfalls in billing collections, coupled with insufficient investments. On the other hand, electricity consumers often argue that they are over-billed, citing unreliable power supply as a key concern. This sentiment is particularly prevalent among those on the estimated billing system, who feel they are paying for “darkness.” NERC’s Intervention To address these issues, NERC released a statement titled “NERC Reviews Order on Performance Monitoring Framework for DISCOs,” aimed at enhancing the performance of DISCOs. The regulatory body highlighted updates to its Key Performance Indicators (KPIs) to drive accountability and improve customer satisfaction. These changes include: To ensure adherence to these revised guidelines, Rectification Directives for Q3 and Q4 2024 will be issued, and the updated enforcement framework will take effect from Q1 2025. The Way Forward While NERC’s measures aim to promote better accountability and performance, the Nigerian power sector’s challenges require a multifaceted approach. Investments in infrastructure, fair billing practices, and enhanced consumer trust will be essential in creating a more sustainable and reliable electricity supply system. 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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Investors Experience a N2.05 Trillion Loss Over Profit-Taking in Nigerian Stock Market Investors in the Nigerian stock market recorded a significant loss of N2.05 trillion over a span of three days, driven by persistent profit-taking activities on the Nigerian Exchange (NGX). As of Wednesday, the total market capitalisation—representing the combined value of equities listed on the NGX—dropped to N64.256 trillion compared to N64.302 trillion recorded on Monday. Decline in Key Market Indicators Similarly, the NGX All Share Index (ASI), another critical measure of market performance, fell by 3.2%, closing on Wednesday at 102,095.95 basis points, down from 105,451.06 basis points recorded on Monday. Midweek Trading Shows Further Decline On Wednesday, investors lost N931 billion in market capitalisation as it fell to N62.256 trillion, a decline from N63.187 trillion recorded the previous day. Additionally, the ASI dropped by 1.5%, settling at 102,095.95 points, down from 103,622.09 points on Tuesday. Key Factors Contributing to the Decline The significant sell-off in Dangote Cement, which saw its value plummet by 10%, heavily impacted the market. This sharp decline dragged the Year-to-Date (YTD) return to -0.8%, reflecting a less favorable performance for the year so far. Trading Activities and Sectoral Performance Summary The recent losses in the Nigerian stock market highlight the impact of profit-taking activities and sector-specific pressures, such as the decline in Dangote Cement. While some sectors showed resilience, the overall market sentiment remains cautious. Investors are advised to monitor market trends and adjust their strategies accordingly. Meta Description:Discover why investors lost N2.05 trillion in three days in the Nigerian stock market amid profit-taking activities. Explore the latest NGX market trends, sectoral performance, and key trading data. Let me know if you’d like to tweak anything further! 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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Tragic killing of a final-year Akwa Ibom Polytechnic student sparks outrage. Read the full details about the attack, police investigation, and community reactions. In a heartbreaking turn of events, a final-year Computer Science student of Akwa Ibom State Polytechnic, identified as Prince, was tragically shot dead by gunmen early Wednesday morning in the Ikot Ekpene Local Government Area. The incident occurred at Prince’s residence on Abuja Street, within the Ikot Osurua community. According to reports, he was fatally attacked in the presence of his girlfriend. Prince, who had been eagerly awaiting mobilisation for the National Youth Service Corps (NYSC), sustained a gunshot wound to the stomach. Details of the Attack Sources within the polytechnic community revealed that the gunmen invaded the compound at around 1 a.m., heading straight to Prince’s room. The victim’s girlfriend, witnessing the attack, raised an alarm that alerted nearby residents. Despite efforts to save him, Prince was rushed to the hospital but was sadly pronounced dead upon arrival. Community Reactions A local resident who saw Prince just hours before the incident described him as a familiar and beloved figure in the community. He was also an active member of his church’s choral group, further endearing him to many. The tragedy has sent shockwaves through the polytechnic and surrounding community, with friends, neighbors, and colleagues mourning the untimely loss of a young man with a promising future. Police Investigation Underway The Akwa Ibom State Police Public Relations Officer, DSP Timfon John, confirmed the tragic event, attributing it to a robbery and cult-related operation. “Preliminary information suggests the attackers were involved in a robbery and cult-related activities in the area. The student was unfortunately caught in the crossfire,” he stated. Authorities have assured the public that investigations are ongoing to identify and apprehend the perpetrators of this heinous crime. Call for Enhanced Security The tragic murder has reignited calls for improved security measures in the Ikot Ekpene area. Community members are urging authorities to prioritize safety and implement strategies to prevent similar incidents in the future. This incident serves as a stark reminder of the pressing need for effective security frameworks to protect lives and property. As the investigation continues, the thoughts of many remain with the family, friends, and loved ones of the late Prince. 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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The ICPC has filed a five-count money laundering charge against Jimi Lawal, former aide to Kaduna’s ex-governor, Nasir El-Rufai. Read more about the allegations and court proceedings. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has filed a five-count charge of money laundering against Jimi Lawal, a former Senior Special Adviser to the ex-Governor of Kaduna State, Malam Nasir El-Rufai. The case also involves three other defendants: Umar Waziri, Yusuf Inuwa, and Solar Life Nigeria Limited. The ICPC filed the charges at the Federal High Court in Kaduna, under case number FCH/KD/16c/2025, on January 15. Dr. Osuobeni Ekpi Akponimishingha, the Assistant Chief Legal Officer of the ICPC, presented the charges. Allegations Against Jimi Lawal The ICPC accuses Jimi Lawal of embezzling public funds during his tenure as a Senior Special Adviser/Counsellor to the former governor. The charges outline several instances of alleged misappropriation: The ICPC asserts that Jimi Lawal knowingly handled funds derived from corrupt activities, violating Section 18(2)(d) of the Money Laundering (Prevention and Prohibition) Act, 2022, punishable under Section 18(3) of the same act. False Statements and Further Allegations In October 2024, during an ICPC investigation, Lawal allegedly provided false information. He claimed that the total sum of ₦64,800,562—received in three separate transactions (₦10,000,000, ₦47,840,000, and ₦7,320,562)—was disbursed as estacode to government officials Bariatu Yusuf Mohammed and Aisha Dikko. The ICPC maintains that this statement was false, constituting an offence under Section 25(1)(a) of the Corrupt Practices and Other Related Offences Act, 2000, punishable under Section 25(1)(b) of the same act. Broader Implications This case highlights the ICPC’s commitment to tackling corruption in Nigeria and ensuring accountability among public officials. The trial of Jimi Lawal and his co-defendants will serve as a critical test of Nigeria’s anti-corruption laws. 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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Pastor Chris Oyakhilome DSc DSc DD And take the helmet of salvation, and the sword of the Spirit, which is the word of God (Ephesians 6:17). In John 8, the Lord Jesus addressed the inability of the Jewish religious leaders to understand His message. He said, “Why do ye not understand my speech? even because ye cannot hear my word” (John 8:43). To them, His words were mere speeches—sermons that didn’t penetrate their hearts. But to others, it was the living and active Word of the Spirit. God’s active Word in your spirit, released by you, effects changes. When you want to change hopeless situations, you speak forth His Word. That’s what Paul calls the sword of the Spirit in the opening verse—the spoken, active Word. The “word” is translated from the Greek “Rhema.” It’s also translated “word” in Hebrews 4:12: “For the word of God is quick, and powerful, and sharper than any two edged sword….” However, the Word, even though sharper than any two-edged sword, is in its sheath until you speak it. When you utter it, it becomes the sharp cutting edge that demolishes the works of darkness. In Revelation 1:16, the apostle John, referring to Jesus, said, “…out of his mouth went a sharp two edged sword….” This doesn’t mean a literal sword was protruding from His mouth but that His words were a sharp weapon as they proceeded from His mouth. The Greek word “stoma” is used for “mouth,” and it refers to the front or edge of a weapon. Your mouth is the front or edge of a weapon. When the Word of God comes out of your mouth, you’re cutting down cancer, you’re cutting down growths, diseases and poverty; you’re discomfiting Satan and the works of darkness. Your mouth is a sword. Use it to cut down the works of the enemy in your city, nation and nations of the world. PRAYERDear Father, I thank you for the power of your Word in my mouth. As l utter your Word, situations align with the realities of the glorious life that you’ve ordained for me in Christ. Through my words, I bring healing and health, deliverance, victory and success to my world, in Jesus’ Name. Amen. FURTHER STUDY|| Hebrews 4:12For the word of God [is] quick, and powerful, and sharper than any twoedged sword, piercing even to the dividing asunder of soul and spirit, and of the joints and marrow, and [is] a discerner of the thoughts and intents of the heart. || || Revelation 1:16And he had in his right hand seven stars: and out of his mouth went a sharp twoedged sword: and his countenance [was] as the sun shineth in his strength. || || Ephesians 6:17 AMPCAnd take the helmet of salvation and the sword that the Spirit wields, which is the Word of God. || READ ALSO: The joy of the Lord is my strength. I will never, never be weak. That joy produces laughter deep in my spirit, causing my health to bloom and flourish. Nothing can weigh me down. I know no depression or oppression because I am buoyed by joy unspeakable overflowing in my heart. I have been brought into a life of unending joy, joy that comes from my inner man and transcends physical circumstances. My joy is of the Spirit; it is everlasting and cannot be dampened by sickness or infection. I am ever strong and alive, and confident that the joy of the Lord is my strength! I do not worry about my health or anything else because the Lord has perfected all that concerns me. I glorify God in my body, and it functions perfectly at all times by the Spirit. Divine life is at work in me and that life is activated in every fiber of my being. I am the expression of the glory and dominion of Christ. I enjoy divine health realities daily. I refuse to be swayed by contrary winds or circumstances, for my faith is the title deed of unseen realities. I walk in the light of my inheritance in Christ, in power and grace, living in divine health and supernatural prosperity. I have received boundless grace to reign in life. I have eternal life, which makes it impossible for sickness or disease to dominate my body. No infirmity can corrupt or ravage my body. My words release power to build and program me for success, victory, and divine health. As the power of God dwells in me richly through study and meditation, I daily chart my course, releasing the power of God into action. The rhema of God that changes things is always in my mouth. In the Name of Jesus, I am healthy and strong. My organs are invigorated by God’s power. I am excellent and full of glory, for the life of God in me is greater than sickness, disease, poverty, or failure. I am alive unto God, and my body is vitalized by the Spirit of the Living God. I am immune to satanic attacks. I am disease-proof and without blemish. I dwell in health all the days of my life because I have the eternal life of Christ working in me in the mighty name of Jesus Christ. Amen. Speak in tongues. Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
