Lydia Usang Talks About Her Stunning Looks and Nollywood Career Aspirations Fast-rising Nollywood actress Lydia Usang never hesitates to acknowledge her striking physical appearance. In a recent conversation, she confidently stated that her “banging body” often catches the attention of men, making her irresistible. Since joining the movie industry in 2022, Usang has gained recognition for her appealing physique and captivating on-screen presence. She frequently showcases her confidence in both films and social media. Addressing whether her looks seduce men, she candidly remarked, “I can’t tell what’s on someone’s mind, but sometimes men find me hard to resist. However, I don’t know how many have been turned on by my appearance. It’s natural for attractive women to draw attention.” Lydia Usang’s Idea of a Perfect Date When it comes to romance, Usang has high standards. She envisions an ideal date where she’s treated like royalty—flowers on the floor, a warm atmosphere, and a setting that exudes love and care. She also urges Nigerian men to embrace creativity and go beyond the ordinary when planning romantic outings. Her Perspective on Friendships Despite valuing friendships, Usang admitted that she has yet to find that one special friend who means everything to her. “I have a few friends, but I wouldn’t say I have that one friend who is my everything. I’m still waiting to find that person,” she said. Ambitions and Career Goals in Nollywood Born in Cross River State, Usang has ambitious dreams. As she grows older, she believes her aspirations must expand as well. “Your dreams evolve with time. They should be big, bold, and better. My goal is to become one of Nollywood’s most successful actresses—an A-list star capable of taking on any role with excellence,” she affirmed. With her talent and determination, Usang is well on her way to making a mark in the Nigerian movie industry. Read more about Nollywood’s rising stars READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Anambra State Governor, Professor Chukwuma Soludo, has reaffirmed his administration’s commitment to eradicating insecurity by addressing its root causes. Speaking at the Governor’s Lodge, Amawbia, while receiving a Vanguard Media Limited Award for Good Governance, Soludo emphasized that security efforts in the state have progressed significantly, with a strategic focus on dismantling networks that exploit the youth for criminal activities. Tackling Insecurity at Its Core Soludo recalled that upon assuming office nearly three years ago, seven local government areas in Anambra South were under the control of non-state actors. While security challenges persist, the implementation of new measures has restored relative peace, and his administration remains committed to reclaiming the state entirely. Following the passage of the Homeland Security Law, Anambra’s government established the ‘Udo ga achi’ security outfit, with Agunechemba as its operational arm. This initiative, backed by logistics and surveillance support, has actively arrested individuals posing as pastors and native doctors who deceive the youth with fraudulent promises of instant wealth, leading many into criminal activities like drug trafficking and cyber fraud (yahoo-yahoo). Exposing Fraudulent Practices in Religion and Traditional Beliefs Governor Soludo condemned the practices of some religious leaders and native doctors who mislead individuals into believing they can acquire wealth through supernatural means. He stated: “As Igbos, our core values are enterprise, hard work, and integrity. However, certain individuals exploit the desperation of our youth by promoting false doctrines. They claim they can bless people with wealth but can’t even uplift their own families from poverty. Many of their children struggle with menial jobs, yet they mislead others into believing in magical prosperity.” Soludo further explained that many youths have fallen victim to these schemes, ending up in prisons worldwide after being deceived into smuggling illicit substances under the false belief that spiritual charms would make them undetectable at security checkpoints. Security Crackdown on Fake Pastors and Fraudulent Practices The Anambra State government has intensified efforts to dismantle criminal networks masquerading as religious and traditional institutions. Soludo challenged these fraudulent figures, saying: “If they have real powers, let them make all Anambra people millionaires overnight. Why do they depend on offerings and tithes instead?” The administration is determined to cleanse the state of such exploitative practices, ensuring that traditional religion is not confused with fraudulent schemes. Anambra’s Progress in Education, Health, and Digital Economy Despite security challenges, Anambra has recorded remarkable achievements in multiple sectors: ✅ Education: Free and truly accessible education from nursery to secondary level, with the recruitment of 5,000 qualified teachers. Enrollment rates have surged, reducing the state’s out-of-school children rate to below 0.5%, compared to the national average of 30%. ✅ Healthcare: Over 1,000 medical professionals, including doctors and pharmacists, have been employed. Five new general hospitals have been established, with one in Fegge, Onitsha South, fully equipped and awaiting commissioning. A free antenatal care initiative has facilitated over 82,882 deliveries, including 400+ free cesarean operations. ✅ Economic Empowerment: Through the Igbo Apprenticeship System in collaboration with UNIZIK Business School, over 5,000 entrepreneurs have been trained. A new batch of 8,300 youths is set to benefit, with the goal of creating 1,000 millionaires annually. ✅ Infrastructure & Digital Innovation: The government is laying 600km of fiber optic cables to transform Anambra into a digital hub, making affordable WiFi accessible across the state. Over 750 kilometers of roads are under construction, with 400+ km completed, significantly improving connectivity and urban development. For a deeper understanding of Governor Soludo’s governance approach and security reforms, refer to Vanguard’s official report. Conclusion Governor Soludo’s administration is tackling Anambra’s security crisis by uprooting fraudulent religious and traditional practices that mislead the youth. While security remains a work in progress, significant strides have been made in governance, healthcare, education, and infrastructure, positioning Anambra for a more prosperous future. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
Nigeria’s Investment Climate Gains Global Confidence Leading financial analysts worldwide have expressed optimism about Nigeria’s investment landscape, citing significant improvements that have made the country an attractive destination for foreign investors. This shift is largely attributed to the Central Bank of Nigeria’s (CBN) recent economic reforms, which are positively influencing multiple sectors of the economy. These policy changes have bolstered investor confidence, leading to a stock market surge and a reduction in bond yields. As a result, Nigeria’s sovereign risk spread has declined to its lowest level since January 2020, effectively eliminating the financial risks accumulated during the pandemic. Currency Reforms and Economic Stability Despite global uncertainties, Nigeria has remained resilient, drawing foreign capital due to currency reforms and strategic economic measures. Portfolio manager at East Capital, Emre Akcakmak, noted that Nigeria’s economic revival is evident as long-awaited policy adjustments take effect. “Key reforms include enhanced currency liquidity, mechanisms for seamless profit repatriation by investors, and maintaining the naira’s stability,” Akcakmak explained. “The CBN is actively working to prevent sharp currency appreciation to ensure market stability.” Samir Gadio, head of Africa strategy at Standard Chartered Plc, highlighted that improved structural reforms and better foreign exchange market management have encouraged portfolio inflows. He emphasized that Nigeria’s market is less exposed to global financial risks compared to other emerging economies. Nigeria’s Sovereign Bonds and Market Growth Investor confidence in Nigeria’s financial market is evident in the performance of the country’s Eurobonds. The $1.5 billion Eurobond maturing in 2034 has witnessed a decline in yield to 9.69%, marking its lowest point since December. Additionally, the most recent domestic debt auction saw a remarkable oversubscription, underscoring the strong demand for Nigerian assets. Economists predict that as Nigeria exits the most challenging phase of its economic reforms in 2025, businesses will benefit significantly. Bismarck Rewane, Non-Executive Director of Parthian Partners, forecasted that Nigeria’s economy would begin to rebound, stressing that effective policy execution is crucial for sustainable growth. Overcoming Economic Challenges Rewane pointed out that while Nigeria’s currency fundamentals suggest a stronger naira, proper management of FX policies is essential. He identified inconsistencies in policy implementation and structural reforms as obstacles to achieving economic stability. Revenue generation alone is insufficient; investment remains a key driver of economic expansion. Rewane underscored the importance of confidence, transparency, and sound policy decisions in attracting capital inflows. Persistent challenges such as inadequate power supply and the lack of transparency in the oil and gas industry require urgent structural reforms. Addressing these issues will further enhance investor confidence and economic stability. Digital Innovation and Infrastructure Investment Professor Olayinka David-West, Associate Dean at Lagos Business School, advocated for a “digital-first approach” in economic planning. He emphasized leveraging technology and artificial intelligence (AI) to improve fiscal discipline and strategic decision-making. Meanwhile, the Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Chinyere Almona, identified high energy costs as a major inflationary factor. She stressed the need for a reliable power supply to ensure price stability. Olufemi Shobanjo, CEO of NGX Regulation Limited, highlighted the role of liquidity in capital markets, emphasizing the need for policies that build investor confidence. Key Indicators of Economic Growth The Nigerian economy is showing promising signs, with government revenue increasing and foreign reserves surpassing $40 billion. FirstBank Group CEO, Olusegun Alebiosu, pointed out that forex market stability and increased competition in the oil sector have contributed to economic optimism. The revival of the Port Harcourt and Warri refineries further supports the positive economic outlook. Additionally, the government’s proposed N49.7 trillion 2025 budget is expected to stimulate growth, with a projected GDP expansion rate of 3.68%. Tackling Inflation and Strengthening Financial Stability The CBN’s monetary policies have played a vital role in addressing inflationary pressures. In 2024, Nigeria experienced a 34.6% inflation rate—the highest in three decades—leading to increased living costs and financial constraints for businesses. To counter inflation, the CBN’s Monetary Policy Committee (MPC) raised the benchmark Monetary Policy Rate (MPR) to 27.5%. This strategic move aimed to stabilize the economy while addressing liquidity concerns. Foreign Exchange Market and Naira Stability The introduction of the Electronic Foreign Exchange Matching System (EFEMS) has helped restore stability in Nigeria’s forex market. The naira has appreciated against the dollar, boosting investor confidence in the currency’s long-term sustainability. CBN Governor Olayemi Cardoso emphasized that his administration prioritizes exchange rate stability, inflation control, and financial sector resilience. Under his leadership, the central bank has also initiated banking industry recapitalization to strengthen financial institutions and improve access to credit for Micro, Small, and Medium Enterprises (MSMEs). The Road Ahead for Nigeria’s Economy Financial analysts at Commercio Partners noted that Nigeria’s financial market has benefited from CBN’s revised foreign exchange policies. These regulations promote transparency, ensure compliance, and foster ethical trading practices. Managing Director of Afrinvest West Africa Limited, Ike Chioke, attributed naira recovery to improved market confidence following the successful launch of EFEMS. The clearance of a $7 billion forex backlog and resumed sales of Open Market Operation (OMO) bills have further supported the currency’s stability. Conclusion: A New Era of Economic Growth As Nigeria continues implementing structural reforms, foreign investor interest is expected to rise. With strategic policy execution, stable exchange rates, and robust capital inflows, the country is well-positioned for sustainable economic growth. For more insights on Nigeria’s evolving financial landscape, read the full analysis on Bloomberg and Financial Times. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
ABUJA – The United World Congress of Diplomats (UN-WCD) has called on Western nations to impose visa bans on Nigerian judges who issue conflicting judicial orders on political and electoral matters. The organization emphasized the need for accountability, particularly in Rivers, Osun, and Benue states, where judicial decisions have allegedly undermined democratic principles. Concerns Over Political and Judicial Interference Addressing journalists in Abuja, the Secretary-General of UN-WCD, Prof. Tunji Asaolu, criticized the Nigerian judiciary for allowing political interference to disrupt democratic processes. He pointed out cases where judicial officers issued contradictory rulings, raising concerns about fairness and adherence to the rule of law. “In Rivers State, judges have been accused of issuing conflicting orders to influence political processes, which hampers democratic governance,” Asaolu stated. “Similarly, in Osun State, the dissolution and reinstatement of local government chairpersons saw conflicting rulings from the state’s High Court and the Appeal Court, creating unnecessary political instability.” Benue State Judiciary Under Scrutiny The congress highlighted a particularly troubling instance in Benue State, where Chief Judge Maurice Ikpambese allegedly granted waivers to petitioners of the local government election tribunal, bypassing legal security deposit requirements. Asaolu described this as a direct violation of the African Charter on Democracy, Elections, and Governance (ACDEG), which mandates adherence to democratic values, human rights, and legal integrity. “The actions of the Benue State Chief Judge, along with those who endorsed his decisions, including the current Senate Minority Leader, should face sanctions. Their existing visas should be revoked, and new visa bans should be placed on them, just as was recommended for officials in Rivers State and the Independent National Electoral Commission (INEC),” he added. International Attention on Benue State The UN-WCD also underscored the security challenges in Benue State, where persistent violence has led to the establishment of numerous Internally Displaced Persons (IDP) camps. The organization urged Governor Hyacinth Alia to appoint an acting Chief Judge immediately to maintain judicial stability and ensure justice for the state’s citizens. “Maintaining continuity in the judiciary is essential to uphold citizens’ rights and prevent a governance vacuum,” Asaolu noted. Call for Judicial Reforms Beyond immediate sanctions, the congress advocated for a comprehensive overhaul of Nigeria’s judicial system. Asaolu emphasized the necessity of reforms to restore public trust in the judiciary and strengthen Nigeria’s democratic framework. For further insights on judicial reforms and democratic governance, visit International Institute for Democracy and Electoral Assistance READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
The United States has significantly reduced its foreign aid budget under the United States Agency for International Development (USAID), cutting multi-year contracts by a staggering 92%, amounting to a reduction of $54 billion. Massive Cuts to Foreign Aid Contracts As part of the cost-cutting measures, approximately 5,800 foreign aid contracts have been terminated. This decision aligns with the fiscal policy of former U.S. President Donald Trump, who aimed to save up to $60 billion in international development and humanitarian assistance. Upon assuming office, Trump signed an executive order enforcing a 90-day freeze on all U.S. foreign aid. This move was intended to reassess overseas expenditures and eliminate programs that did not align with the administration’s “America First” agenda. Legal Battle Over Foreign Aid Budget Cuts A federal judge had previously ruled against the administration’s aid freeze, mandating the resumption of foreign assistance. However, the Trump administration escalated the issue to the U.S. Supreme Court, which issued an administrative stay, temporarily blocking the lower court’s order. According to an official statement from the U.S. State Department, USAID’s review process was conducted under the supervision of Secretary of State Marco Rubio. The review identified 5,800 foreign aid contracts, totaling $54 billion, for elimination, marking a substantial 92% reduction in the foreign aid program. Impact of the Aid Reduction The administration’s review primarily targeted multi-year USAID contracts, leading to the cancellation of the majority of these agreements. Additionally, over 9,100 foreign aid grants, collectively worth $15.9 billion, were assessed, with 4,100 grants—valued at approximately $4.4 billion—being marked for termination, representing a 28% decrease. “These strategic eliminations will enable USAID and its contracting officers to enhance efficiency, prioritize essential programs, and realign resources in accordance with the America First agenda,” the State Department explained. Programs That Remain Unaffected Despite the budget cuts, critical humanitarian programs remain intact. These include food assistance initiatives, life-saving treatments for diseases such as HIV and malaria, and foreign aid support for nations including Haiti, Cuba, Venezuela, and Lebanon. USAID continues to play a vital role in global humanitarian aid, delivering health and emergency assistance across 120 countries worldwide. For further details on USAID’s foreign assistance programs, visit the official USAID website. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
Nigeria’s Electricity Crisis: Causes and Economic Impact Nigeria’s power sector faces persistent challenges, including insufficient electricity generation, aging infrastructure, and poor maintenance. These factors contribute to frequent nationwide blackouts, severely impacting economic activities. According to the Africa Trade Barometer, the country’s power interruptions cost the economy approximately $26 billion annually, with businesses spending over $22 billion yearly on fuel to power alternative solutions like generators. Key Strategies to Transform Nigeria’s Power Sector To overcome these challenges, Nigeria must prioritize investments in renewable energy, decentralize the electricity grid, and foster technical capacity building. Implementing these strategies will significantly reduce dependency on off-grid power solutions while ensuring a stable and sustainable energy supply. Investment in Renewable Energy as a Sustainable Solution In 2024 alone, Nigeria’s national grid experienced at least 11 collapses, forcing industries and households to rely on generators. This dependence contributes to air pollution, increased operational costs for businesses, and public health concerns. The Federal Ministry of Power must fast-track investments in solar, wind, and biogas energy sources to diversify electricity generation. Countries like Mozambique have successfully transitioned to renewable energy, with nearly 100% of its electricity derived from sustainable sources. By offering tax incentives and easing import restrictions on renewable energy equipment, Nigeria can attract local and international investors. Encouraging private-sector participation will alleviate pressure on the national grid and enhance energy reliability. Enhancing Technical Expertise Through Capacity Building A well-trained workforce is essential for Nigeria’s power sector transformation. The Ministry of Power should collaborate with international agencies such as the International Energy Agency and the Nigerian National Secretariat for Capacity Building to implement technical training programs. Establishing scholarship initiatives and specialized institutions dedicated to energy studies, similar to South Africa’s Eskom Academy of Learning, will help bridge the current skills gap in the industry. These initiatives will develop competent engineers and technicians, ensuring a steady flow of skilled professionals. Decentralizing the National Grid for Regional Energy Autonomy Reducing over-reliance on the national grid by allowing states to generate, transmit, and distribute electricity will enhance power supply efficiency. While Nigeria’s constitution now permits this decentralization, only a few states have taken significant steps to leverage it. Implementing a decentralized approach will encourage states to utilize their local resources for power generation. For instance, riverine states like Rivers, Benue, Osun, and Bayelsa can maximize hydropower potential, while northern states such as Kano and Yobe can harness abundant solar energy. Kenya’s Off-Grid Solar Access Project serves as a model, successfully increasing electricity access in remote communities. Nigeria can replicate this approach to extend electricity to underserved regions while reducing dependence on the fragile national grid. A Call to Action for Nigeria’s Energy Future Nigeria stands at a critical juncture where decisive action is necessary to resolve its electricity crisis. Investing in renewable energy, strengthening technical expertise, and decentralizing power generation are essential steps toward achieving a stable and sustainable energy future. By adopting these strategies, Nigeria can unlock economic growth, create employment opportunities, and improve the quality of life for its citizens. International Energy Agency – Africa Energy Outlook READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
NANS President-elect Oladoja Olushola to Lead Nationwide Campus Tour for Students’ Welfare The President-elect of the National Association of Nigerian Students (NANS), Comrade Oladoja Olushola, has unveiled plans for an extensive nationwide tour to assess the state of students’ welfare and educational facilities across tertiary institutions in Nigeria. This initiative aims to gather firsthand insights into the pressing issues affecting students and to engage relevant authorities for necessary interventions. Advocating for Better Access to Nigerian Education Loan Fund (NELFUND) During his maiden press conference at Pine Crest Hotel, Abuja, Oladoja emphasized the need for improved accessibility to the newly introduced Nigerian Education Loan Fund (NELFUND). He proposed appointing coordinators across Nigerian universities to streamline students’ inquiries and applications for the loan program, ensuring that more students benefit from this financial aid. Commitment to Grassroots Engagement and Student Advocacy In his inaugural speech, Oladoja expressed deep gratitude to Nigerian students for entrusting him with the leadership of NANS. He assured them that his administration, dubbed the Fortune ERA, would prioritize students’ welfare, consolidate past gains, and introduce pragmatic strategies for an improved education system in Nigeria. “I accept this responsibility with deep gratitude and commitment to advancing students’ rights and welfare. NANS will remain campus-oriented, focusing on grassroots engagement and real-time advocacy,” he stated. Oladoja also acknowledged the contributions of the outgoing NANS leadership, led by Comrade Lucky Emonefe and Comrade Akinteye Babatunde Afeez, commending their efforts in championing students’ rights and educational reforms. Federal Government’s Role in Education Development The NANS President-elect appreciated the Federal Government, particularly President Bola Ahmed Tinubu, for ongoing efforts to revamp Nigeria’s education sector. He pledged NANS’ support in collaborating with the government to achieve significant improvements in students’ welfare and educational standards. Additionally, he extended gratitude to Hon. Seyi Tinubu for his unwavering support for youth and student empowerment, as well as Hon. Mohammed Badaru, the Patron of NANS, for his continuous dedication to students’ development. A Call for Unity and Inclusivity in NANS Administration Oladoja emphasized that his administration will be all-inclusive, urging his co-contenders in the election to join hands in working towards the collective interest of Nigerian students. He stressed that NANS will serve as a formidable force in nation-building, advocating for students’ welfare, and ensuring that their voices are heard on national issues. “In the Fortune Era, there is no victor, no vanquished. We are all partners in progress, and together, we will build a NANS that truly represents the interests of Nigerian students,” he declared. External Reference: For more information on government education policies, visit Federal Ministry of Education. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has formally apologized to the Department of State Services (DSS) following an assault on its operatives by officials within the Assembly premises. Incident Overview The apology follows an incident on February 17, 2025, when DSS operatives were manhandled during a tense situation in the Lagos Assembly chamber. Video footage of the altercation went viral, prompting swift action from security agencies. As a result, key officials involved in the attack were arrested, arraigned, and remanded in custody. Arrest and Legal Proceedings The DSS launched an investigation that led to the apprehension of several Lagos Assembly officials allegedly responsible for the assault. Among those arrested were: These suspects were charged before a Lagos Magistrate Court with offenses including assault, obstruction of lawful duty, and breach of public peace. The court subsequently ordered their remand at the Kirikiri Correctional Center pending further legal proceedings. Obasa’s Apology and Response Following his return to office amid ongoing political developments, Speaker Obasa addressed the controversy and issued a formal apology to the DSS personnel involved. He acknowledged the gravity of the situation and reassured security agencies of the Assembly’s commitment to cooperation. “On behalf of the Lagos State House of Assembly, I extend my sincere apology to the DSS operatives who were assaulted within our premises. We deeply regret the embarrassment caused, as seen in widely circulated videos.” Obasa emphasized the Assembly’s reliance on security agencies for protection and expressed hope for reconciliation. “The Lagos Assembly has always maintained a strong and respectful relationship with law enforcement. We trust that this unfortunate incident will not undermine the mutual understanding we have built over the years. We also appeal for leniency for those involved and hope for a peaceful resolution.” Maintaining Strong Security Ties The Lagos Assembly has consistently collaborated with security agencies to uphold law and order. Obasa reaffirmed that such incidents do not reflect the institution’s values and pledged measures to prevent future occurrences. For further updates on legal and political developments in Lagos, visit Lagos State Government’s Official Website and reliable news sources such as Premium Times. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
Small Business Owners and NGOs Reject Proposed Tariff Hike Lagos — Small business owners and civil society organizations (CSOs) have strongly opposed the Federal Government’s proposed electricity tariff increase. The planned hike, which targets customers outside the Band-A category, is intended to improve the liquidity of the Nigerian Electricity Supply Industry (NESI). However, critics argue that there is no justification for such an increase, especially given the country’s ongoing power supply challenges. Government’s Justification for the Electricity Tariff Review During the public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja, the Minister of Power, Chief Adebayo Adelabu, revealed that the government can no longer sustain the N3 trillion power sector subsidy. He highlighted that debts owed to power generation companies (GenCos) have soared to N4 trillion, making the financial burden unsustainable. Key Points from Minister Adelabu’s Statement: The Impact on Small Businesses and the Economy The Association of Small Business Owners of Nigeria (ASBON) has expressed concerns that any further increase in electricity tariffs would cripple many small and medium enterprises (SMEs). According to ASBON President, Dr. Femi Egbesola: Civil Society Groups Resist the Tariff Increase The Education Rights Campaign (ERC) and other advocacy groups have vowed to resist any proposed electricity tariff hike. ERC’s National Coordinator, Hassan Taiwo, stated: The Movement for Socialite Alternative (MSA) also rejected the proposed hike, arguing that electricity privatization has only benefited profiteers while neglecting investments in power generation. MSA’s General Secretary, Dagga Tolar, pointed out: NERC Introduces Consumer Protection Measures To address concerns over unfair pricing and service delivery, the Nigerian Electricity Regulatory Commission (NERC) has introduced a Customer Bill of Rights and Obligations. According to NERC Senior Manager, Mr. Pious Bakom: NERC advises customers to notify their distribution companies (DisCos) when vacating premises to avoid liability for unpaid bills. The commission urges Nigerians to familiarize themselves with their rights to promote transparency and accountability in the power sector. Conclusion The proposed electricity tariff increase has sparked significant opposition from small business owners, civil society groups, and labor unions. With Nigeria still struggling with frequent power outages and high electricity costs, many argue that the government should focus on improving supply reliability rather than increasing tariffs. As the debate continues, stakeholders will need to find a balance between ensuring sustainable electricity supply and protecting businesses and consumers from financial strain. Nigerian Electricity Regulatory Commission (NERC) READ ALSO; Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
A coalition of traders from the Ogbo Ogwu Bridgehead market in Onitsha, Anambra State, operating under the Unite Nigeria Group (UNG), has initiated legal action against the National Agency for Food and Drug Administration and Control (NAFDAC) and three other entities. The traders have filed a lawsuit at the Federal High Court in Awka, Anambra State, accusing the agencies of forcefully entering their shops, seizing goods worth billions of naira without a valid court order or search warrant. Legal Action Against Authorities Over Onitsha Drug Market Raid The lawsuit names Dr. Martins Iluyomade, the Southeast Zonal Director of NAFDAC, the Director-General of the Standard Organisation of Nigeria (SON), and the Anambra State Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) as respondents. Representing themselves and fellow members of UNG, the applicants—Comrade Peter Okala, Dr. Tanko Yunusa, Prof. Samuel Anidike, and Comrade C.C. Enwereonwu—are seeking N1 billion in exemplary and general damages for the economic losses suffered due to the alleged unlawful actions at the Ogbo Ogwu market, located at Niger Bridgehead, Onitsha. Traders Demand Compensation and Return of Seized Goods Filed under Suit No. FHC/AWK/CS/40/2025, the traders’ motion is based on the enforcement of their fundamental rights, citing Sections 34, 35, 41, 43, and 44 of the 1999 Constitution of Nigeria (as amended). Additionally, they reference Order 2, Rules 1, 2, and 3 of the Fundamental Rights (Enforcement Procedure) Rules 2009 and the Federal High Court’s Inherent Jurisdiction. Aside from financial compensation, the traders seek a judicial declaration that the confiscation of goods worth an estimated N500 billion without due legal process violates their constitutional rights. They are also requesting the court to compel the respondents to return all seized goods, including pharmaceutical products, and to issue a restraining order preventing further raids without legal authorization. Market Disruptions and Economic Implications The continuous closure of the Onitsha drug market has disrupted commerce and left many traders facing financial instability. Industry analysts believe that such enforcement actions, if carried out without due process, could have long-term economic consequences on the pharmaceutical sector in Nigeria (source). Premium Times READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
Tinubu Reaffirms Pro-Business Stance, Willing to Adopt Global Best Practices President Bola Tinubu has reiterated his administration’s commitment to fostering a business-friendly environment in Nigeria. In a meeting with an Airtel delegation led by Chairman Sunil Bharti Mittal at the Presidential Villa in Abuja, Tinubu emphasized that his government is open to adopting successful economic models from other nations. According to a statement from his media spokesperson, Bayo Onanuga, the President expressed his willingness to implement economic strategies that have proven effective globally. “We are prepared to learn and adopt what works in other countries. If there are beneficial policies from India, we are not ashamed to implement them for the growth of Nigeria’s economy. I am pro-business and will remain committed to policies that drive economic growth,” Tinubu stated. Tax Reforms to Attract Investors The President assured the delegation that his government is focused on revising tax policies to create a more conducive environment for investors. He noted that the administration is working closely with tax regulators to streamline processes and encourage economic expansion. “We are ready to collaborate with tax administrators to ensure that reforms promote business growth and investment opportunities,” Tinubu emphasized. Government’s Commitment to Strengthening Telecommunications Infrastructure Minister of Communication, Innovation, and Digital Economy, Bosun Tijani, acknowledged the President’s ongoing support for the telecommunications sector. He highlighted Tinubu’s recent approval of policies that recognize fiber optic and undersea cables as critical national assets. This move is expected to drive further expansion in Nigeria’s digital economy. According to Tijani, “The Office of the National Security Adviser (NSA) has commenced implementation and enforcement of these regulations to ensure protection and sustainable growth.” Airtel Chairman Applauds Nigeria’s Economic Reforms Airtel’s Chairman, Sunil Bharti Mittal, commended Tinubu’s leadership, likening Nigeria’s ongoing economic transformation to India’s reform period in the early 1990s. He acknowledged the President’s bold decisions, including currency floating and subsidy removal, which have reshaped Nigeria’s economic landscape. “Your commitment to economic reforms is commendable. India faced similar challenges in the past, and through bold decisions, we emerged stronger. Nigeria is now on the path to economic revitalization, and your leadership has been instrumental in this transition,” Mittal noted. Mittal further encouraged Nigerian investors with significant financial resources abroad to reinvest in the country, highlighting the increasing confidence in Nigeria’s economic policies. Global Recognition for Nigeria’s Economic Policies Mittal acknowledged that Nigeria’s economic restructuring efforts, particularly the floating of the naira and the removal of fuel subsidies, have been globally recognized. He emphasized that these reforms, though initially challenging, have positioned Nigeria for long-term economic stability. “The world has taken note of the remarkable progress under your leadership. Floating the naira and removing fuel subsidies were tough but necessary decisions that will yield long-term benefits for Nigeria,” he added. Encouraging Local and Foreign Investments Mittal expressed optimism about Nigeria’s future, stating that local and international investors are regaining confidence in the country’s economic outlook. He advised business leaders in Nigeria to take advantage of emerging opportunities and contribute to national development. External Source and Backlink For insights on how global economic reforms have transformed developing nations, read more from World Bank’s Economic Outlook. READ ALOS: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
A massive crowd of supporters gathered outside the Lagos State House of Assembly on Thursday, calling for the reinstatement of Mudashiru Obasa, the former Speaker who was recently removed from office. Obasa’s Supporters Stage Protest at Lagos Assembly Obasa, who arrived at the complex in the afternoon under tight security, was met by a sea of loyalists carrying placards and chanting slogans in his support. A viral video circulating online showcases the intensity of the demonstration, highlighting the supporters’ firm demand for his return. Background: Obasa’s Removal and Meranda’s Installation The former Speaker was ousted on January 13 while he was abroad, with Mojisola Meranda swiftly appointed as his replacement. Upon his return on January 25, Obasa was greeted by an overwhelming show of solidarity from his followers, reinforcing his continued influence in the Lagos political scene. Obasa Challenges Removal, Leadership Crisis Deepens Since his removal, Obasa has vehemently contested the decision, asserting that he remains the legitimate Speaker of the House. Meanwhile, rumors are intensifying that Mojisola Meranda is under increasing pressure to relinquish her position, as uncertainty looms over the leadership of the Lagos State House of Assembly. Security Developments Raise Further Questions In a fresh development, security aides assigned to the current Speaker were reportedly withdrawn earlier today, further fueling speculations about a possible shift in power. For more details on the unfolding political situation, visit Premium Times – a reputable source for Nigerian political news. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
Kindly Share:
Obasa’s Removal from Office: Who Benefits from the Power Struggle? The political turmoil within the Lagos State House of Assembly took another dramatic turn as the embattled former Speaker, Mudashiru Obasa, convened a plenary session with only four legislators present. The session, which took place within the legislative chamber, was made possible after security personnel reportedly forced the doors open. Obasa Holds Plenary Despite Opposition The plenary session commenced at approximately 3:00 PM and continued until around 3:30 PM. Despite the ongoing legislative meeting, over 26 assembly members remained outside the chamber, demonstrating their allegiance to the new Speaker, Mojisola Meranda. Obasa, who was removed from office on January 13 while he was overseas, has since contested his impeachment, asserting that he remains the legitimate Speaker. Speaking on the matter, Obasa insisted that due process must be followed in any impeachment procedure. Obasa Speaks on Impeachment Legitimacy In defense of his stance, Obasa stated, “I’ve never been removed. Impeachment or removal is a democratic and constitutional process, but it must adhere to proper procedures. I am not against it, but if I fail to uphold due process, then I am not democratic.” His removal and the swift appointment of Mojisola Meranda have fueled political speculations and divided the assembly into factions, raising concerns about the stability of governance in Lagos State. Political Implications of the Leadership Crisis The ongoing crisis in the Lagos State House of Assembly has raised questions about power struggles and political interests. Analysts believe the situation could impact legislative activities and governance in the state if not swiftly resolved. For a detailed analysis of the legal implications of legislative impeachments, read this comprehensive report by The Guardian. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Channel
