NIGERIA AT A GLANCE AT THIS TIME

 
SEB BLOG NOTES | NIGERIA’S KEY EVENTS | 040625

SEB BLOG NOTES at this time, takes a deep dive into the major developments shaping Nigeria’s political, economic, and social landscape. From governance strategies to humanitarian crises, trust us, it’s a detailed breakdown of the top stories.

Political Strategies and Governance

President Bola Ahmed Tinubu convened a National Caucus Meeting for the All Progressives Congress (APC) to discuss policies shaping Nigeria’s future. This meeting could have implications for governance, economic reforms, and political stability. Meanwhile, Governor Siminalayi Fubara urged citizens to acknowledge President Tinubu’s role in resolving an ongoing political crisis, emphasizing efforts to maintain governmental harmony.

Adding to the discussions on governance, Afenifere, a key Yoruba socio-political organization, called on President Tinubu to prioritize restructuring and state policing, arguing that decentralization would enhance security and governance at the grassroots level.

MORNING BRIEFINGS | 040625

This is your morning briefing on major news headlines across Nigeria and the globe:

Nigeria News Headlines

1. Fuel Scarcity Looms in Abuja and Northern Nigeria

• The Mokwa flood disaster has caused severe disruptions in fuel supply chains, leading to concerns about an impending fuel scarcity.
• The flood, which killed over 150 people and destroyed the Mokwa Bridge, has stranded petrol trucks that supply Abuja and Northern Nigeria.
• Petroleum marketers, including PETROAN and IPMAN, have reacted, urging the government to intervene.
• Officials at MRS and NNPCL filling stations warn that fuel shortages may occur during the upcoming Eid al-Adha celebrations (June 6–9), but prices are expected to remain stable at N895 per litre.
• The government is exploring alternative supply routes from Port Harcourt and Warri to mitigate the crisis.

2. Mounting Death Toll and Humanitarian Crisis in Nigeria

• Amnesty International has raised concerns over daily attacks by armed groups, stating that over 10,217 people have been killed in the past two years.
• The worst-hit states include Benue (6,896 deaths) and Plateau (2,630 deaths).
• The Nigerian government has invited Amnesty International for dialogue following its report.
• Citizens have expressed frustration over the government's handling of security issues, with many calling for urgent intervention.

FCT MINISTER, NYESOM WIKE SPEAKS WITH JOURNALISTS

Ministerial Governance in the FCT: Nyesom Wike’s Vision and Challenges

Nigeria’s Honourable Minister Nyesom Wike of the Federal Capital Territory (FCT) recently held a media chat to discuss pressing governance issues, ongoing development projects, and the political landscape of Nigeria.

The video is a live media chat featuring Wike in a two-hour briefing session with a select and highly rated mainstream media anchors.

During the discussion, Wike covered various topics, including infrastructure development in Abuja, financial management, the exemption of the FCT from the Treasury Single Account, and efforts to ensure transparency and accountability in project execution. He also addressed the issue of internally generated revenue (IGR), particularly the collection of ground rent, and discusses challenges related to public transportation and mass transit systems in the FCT.

Additionally, Wike touched on political matters, including his role in the Peoples Democratic Party (PDP), his stance on party leadership disputes, and his perspectives on governance at both the national and state levels. He also responded to criticisms and allegations concerning his tenure and political decisions.

REVIEWSNETWORK@AIT.NG | GOV. CALEB MUTFWANG 2ND ANNIVERSARY THANKSGIVING SERVICE | 29 MAY 2025

 
Plateau State Marks Governor Caleb Mutfwang’s Second Anniversary with Thanksgiving Service

Plateau State Marks Governor Caleb Mutfwang’s Second Anniversary with Thanksgiving Service

Jos, Plateau State – The residents of Plateau State gathered at the Polo Field in Jos to celebrate the second anniversary of Governor Caleb Mutfwang’s administration with a grand Thanksgiving Service. (see the video here).

The event, held on May 29th, 2025, at Polo Field, featured musical performances, prayers, speeches, and a strong call for unity and development.

A Celebration of Unity and Faith

The Thanksgiving Service was not just a political event but a spiritual gathering, emphasizing peace, harmony, and gratitude. Thousands of attendees, including former governors, religious leaders, traditional rulers, and community members, participated in this historic occasion.

Musical Performances Inspire Hope

The Thanksgiving Service featured a variety of musical performances that celebrated unity, faith, and Plateau State’s cultural diversity. Here’s a breakdown of the key performances:

Bedtime Briefings | 010625

Don’t sleep just yet without reading the biggest headlines:

Nigeria

• Political Tensions Rise: Former Vice President Atiku Abubakar, alongside ex-Governors Nasir El-Rufai and Rotimi Amaechi, reaffirmed their commitment to forming a strong opposition coalition ahead of the 2027 elections.
• INEC Under Pressure: The Independent National Electoral Commission (INEC) is facing mounting pressure to process the registration of over 104 political associations seeking recognition as political parties.
• Tinubu’s Performance Debated: Presidential adviser Bayo Onanuga defended President Bola Tinubu’s administration, arguing that Nigerians have forgotten the challenges the country faced before his tenure.

Global

• AI in Warfare: The UN is pushing for regulations on AI-driven drones, as concerns grow over autonomous weapons reshaping modern combat.
• Healthcare Innovations in West Africa: Lagos is hosting Medic West Africa, a major healthcare event showcasing advancements in medical technology and wellness.

The Role of Education in Economic Growth: Insights from Top Educated Nations

Education is one of the most powerful drivers of economic growth. It shapes skilled workforces, fosters innovation, and enhances productivity, ultimately contributing to national development and prosperity. The recent ranking of the world's most educated countries highlights how strategic investments in education have translated into economic success.

How Education Fuels Economic Growth

1.     Higher Productivity: A well-educated workforce is more efficient, leading to improved output and quality in various industries.

2.     Innovation & Research: Countries with strong education systems nurture technological advancements, pushing boundaries in medicine, engineering, and artificial intelligence.

3.     Entrepreneurship & Business Growth: Education equips individuals with the knowledge and skills to create businesses, driving employment and economic activity.

WHO Approves Two New RSV Vaccines to Protect Infants Worldwide

The World Health Organization (WHO) has officially recommended two groundbreaking immunization tools aimed at protecting infants from Respiratory Syncytial Virus (RSV)—a leading cause of acute lower respiratory infections in young children. These new vaccines are expected to significantly reduce hospitalizations and deaths, particularly in low- and middle-income countries, where 97% of RSV-related deaths occur.

A New Era of RSV Prevention

WHO's recommendations include:

·       A maternal vaccine administered to pregnant women in their third trimester, offering newborns immediate protection.

·       A long-acting antibody injection for infants, which begins working within a week of administration and provides at least five months of immunity.

Devastating Flood in Mokwa, Niger State Claims Over 100 Lives

Mokwa, Niger State—A catastrophic flood struck the Mokwa Local Government Area on Wednesday night, following hours of torrential rainfall, leaving the community devastated. The tragedy has claimed over 100 lives, with more than 100 people still missing as rescue operations intensify.

Rising Death Toll and Burials

As of Friday, at least 44 bodies had been buried, adding to the 31 victims interred earlier in the week. Local sources reveal that the death toll may be higher, with numerous corpses yet to be accounted for, including Qur’anic school pupils (Almajirai). Many families are desperately searching for missing loved ones.

Trump Administration Halts Critical HIV Vaccine Program, Sparking Global Concerns

The Trump administration has abruptly terminated a $258 million program dedicated to developing HIV vaccines, causing widespread concern among scientists, health experts, and policymakers. The program, led by Duke University and the Scripps Research Institute, was making significant strides in HIV research and also contributed to advancements in treatments for COVID-19, snake antivenom, and autoimmune diseases.

Reasons for Cancellation

Officials from the National Institutes of Health (NIH) stated that the program was reviewed and deemed unnecessary, with the administration opting to shift focus to existing HIV treatments rather than vaccine development. Although antiretroviral therapies can effectively manage HIV, experts argue that they do not provide long-term immunity or a cure, making continued vaccine research vital.

Access Bank’s Acquisition of NBK: What It Means for Customers and the Banking Sector

Access Bank Plc has successfully acquired the National Bank of Kenya (NBK) from KCB Group Plc, completing a transaction that began in March 2024. The deal marks a significant milestone in Access Bank’s strategic expansion into East Africa, reinforcing its presence in Kenya and the region’s financial sector.

Impact on Customers

Customers of both NBK and Access Bank Kenya can expect several key changes following the acquisition:

FEEL MY PULSE | GLOBAL | NIGERIA | 310525

Here’s a summary of public reactions to the major headlines in Nigeria and globally at this time:

Nigeria News

Public reactions to Nigeria’s tax reform bills have been mixed. While some Nigerians see the reforms as a way to modernize the tax system and improve revenue generation, others fear that the proposed VAT increase could worsen inflation and reduce living standards. Business owners in Northern Nigeria believe the reforms could push governors to improve internally generated revenue, but civil servants and entrepreneurs worry about the complexity of the new tax laws.

The announcement of a ground rent hike in Abuja has sparked strong criticism, especially from property owners and political opponents. Many residents argue that the government should focus on improving transparency in tax collection rather than increasing rates. The Federal Capital Territory Administration (FCTA) has begun sealing properties of major defaulters, including the PDP Secretariat and several businesses, leading to backlash from affected organizations.

Residents near the collapsed building in Ikorodu blame the use of substandard materials and poor construction practices. Some allege that the building owner was abroad and had been sending money home for construction, leading to oversight failures. The Lagos State Emergency Management Agency (LASEMA) has urged developers to adhere to safety standards, but many citizens remain frustrated with recurring building collapses in the state.

SEB BLOG NOTES | 310525

Here’s a look into each of the major headlines in Nigeria and globally at this time:

Nigeria News

Tax Reform Bills Ready for Tinubu’s Assent

The Senate and House of Representatives have adopted the harmonized conference committee report on four tax reform bills, which are now awaiting President Tinubu’s assent. These bills aim to modernize Nigeria’s tax system and improve revenue generation. The reforms include a four percent development levy on company profits, with allocations to education, technology, and security sectors.

Abuja Ground Rent Increase

Federal Capital Territory Minister Nyesom Wike has hinted at increasing ground rent in Abuja due to widespread non-payment. Many property owners owe 20 to 30 years’ worth of ground rent, and the government is now enforcing payments by sealing properties of defaulters, including the PDP Secretariat and several businesses.

Lagos Building Collapse

A two-story building under construction collapsed in Ikorodu, Lagos, killing three people, including two siblings and their uncle. Eleven people were rescued, and authorities suspect the use of substandard materials contributed to the disaster. The Lagos State Emergency Management Agency (LASEMA) has urged developers to adhere to safety standards.

Naira Exchange Rate Fluctuations

The naira appreciated to ₦1,610 per dollar in the parallel market but depreciated to ₦1,592 per dollar in the Nigerian Foreign Exchange Market. The fluctuations reflect ongoing economic challenges, despite government efforts to stabilize the currency.

REVIEWSNETWORK@CHANNELSTV.NG | POLITICS TODAY | Conversation With Gabriel Suswam

This video (see it here) is a political discussion featuring Senator Gabriel Suswam on Politics Today. Here are the major issues discussed:

June 12 Democracy Day

·       President Bola Tinubu is expected to attend a joint session of the National Assembly to commemorate the day.

·       The Senate President, Godswill Akpabio, announced Tinubu’s participation, marking a significant moment in Nigeria’s democratic history.

ECOWAS at 50

·       Leaders from across West Africa, including Tinubu, gathered in Lagos to celebrate the Economic Community of West African States (ECOWAS).

·       The event emphasized regional unity, economic integration, and overcoming colonial legacies.

·       Former Nigerian Head of State Yakubu Gowon, one of ECOWAS’s founding figures, was present.