The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil reserves increased from 36.96 billion barrels (bb) on January 1, 2023, to 37.50 bb on January 1, 2024.

Naija News reports that the NUPRC Chief Executive Officer (CEO), Gbenga Komolafe, stated this while speaking with reporters in Abuja, on Monday.

Also, the NUPRC boss stated that the country’s Natural Gas reserves rose from N208.83 trillion Cubic Feet (TCF) on January 1, 2023, to 209.26TCF on January 1, 2024.

According to him, the data indicates the level of hydrocarbon capacity the nation is endowed with while describing the development declaration as positive for Nigeria.

Komolafe added that the data showed the country’s level of hydrocarbon capacity.

The NUPRC boss said several commission initiatives were accountable for the feat. He also attributed the reserve increase to production from some of the marginal fields.

He said, “Some of the brownfields and marginal fields have started producing and contributing to our national oil and gas reserves.”

Gas: NNPCL Unveils Plan To Stabilise Naira

The Nigerian National Petroleum Company Limited (NNPCL) is set to increase its gas output, targeting both local and international markets.
This strategic move is promised to restore economic prosperity and stabilize the national currency, the Naira.

The Group Chief Executive Officer, Mele Kyari, made this commitment on Thursday during a press briefing after his visit to President Bola Tinubu in Lagos, where the President is celebrating the Eid-el-Fitr holidays.

Kyari’s announcement aligns with the Nigerian government’s broader economic strategies, which include bolstering the country’s energy sector to support economic recovery efforts.

The woman who was accused of lying while giving testimony at the Dunamis International Gospel Centre, Abuja, Vera Anyim, has said she bears no grudge against the church.

This followed the controversy that trailed the treatment that was meted out to her by the church’s Senior Pastor, Dr Paul Enenche, on Sunday.

In a video that emerged online, Anyim, during her testimony in the church, said she graduated with a “Bsc in Law” from the National Open University of Nigeria.

She was however interrupted by Enenche who said she was lying. The pastor also questioned the credibility of the woman’s testimony while he chided her on how she spoke.

Enenche who said there was nothing like “Bsc in Law” immediately asked her to leave the pulpit.

The action however generated a flurry of reactions as netizens demanded an apology from the cleric.

But Anyim, in a post on her Facebook page on Monday, said she had put the situation behind her.

She made the statement after meeting Enenche and his wife, Becky.

Sharing photos from the meeting, she wrote, “I want to inform the whole world that I just had a warm meeting with my spiritual father and mother, Dr Paul Enenche, and Dr Becky Enenche.

“I don’t have any grudge against the church or them. I remain committed to serving God as a member of Dunamis Church.

“I am thankful for the concern of the public.

“I have put the situation at my back, and I have moved forward, and I want everybody to do the same. Peace.”

The church in a statement on Monday said it reached out to Anyim over the issue, while it explained that concerns arose during her testimony at the Glory Dome on April 14, 2024, regarding her language proficiency and the clarity of her academic credentials.

It stated that her speech suggested a level of English proficiency below what might be expected of a university graduate, particularly one with a Law degree, while noting that discrepancies also emerged regarding the nature and duration of her academic pursuit, raising doubts about the legitimacy of her qualifications.

The statement added that the Senior Pastor’s actions stemmed from a commitment to upholding standards of excellence and integrity within the church community.

The statement read, “A scenario was created on Sunday the 14th April, 2024 at the Glory Dome, the Global Headquarters of Dunamis International Gospel Centre, when Ms Anyim Veronica Nnenna came out to testify of how God helped her graduate from the university, thus making her the first person to attain that feat in her family.

“These were the immediate triggers for the said scenario: First, listening to the testifier’s expressions as it borders on basic spoken English, conveys the impression that the minimum standard expectation of a graduate, especially a graduate of Law was not met.

“Second, stating that she studied Law for 10 years begged the question of what her degree actually was.

“Third, she was unable to state exactly what the correct degree was for Law which is LLB, rather she said it was a BSc in Law which is largely unknown as a Law degree in Nigeria and possibly globally.

“These prompted the Senior Pastor. Dr. Paul Enenche, to stop the testimony immediately as a product of a ‘lie.’ However, relief came when it was later confirmed that she actually graduated from a university.

“It must be pointed out clearly here that embarrassing the testifier publicly with the attendant media frenzy was never intended; whatever happened was under the spur of the moment.”

The church disclosed further that the Senior Pastor was rather based on his and the church’s aversion to seeming mediocrity and any appearance of untruth.

“While we remain resolute in our passion for excellence, intolerance of mediocrity and falsehood, we wish to reiterate the fact that no harm or hurt was ever intended by the Senior Pastor against Ms. Anyim Veronica. The Senior Pastor feels deeply concerned and had already reached out to her.

“As a commission, we regret every inconvenience, hurt, and embarrassment this unfortunate scenario has caused to Ms Anyim Veronica Nnenna. We remain committed to her physical welfare as well as her spiritual growth. God bless us all,” the statement added.

Some photos confirming that the woman graduated from NOUN were discovered on her Facebook page and shared online.

Reacting earlier to the treatment meted out to her, Vera lamented that she was disgraced and labelled a liar by her spiritual leader because she couldn’t speak English and mistakenly said B.Sc instead of LLB.

In a post on her Facebook page on Monday, she stated that she graduated with a 3rd class from NOUN and was no. 2262 on the list of graduates from the school.

She wrote: “It’s disheartened because I couldn’t speak English like lawyers. I was labelled a liar for mistakenly saying B.Sc instead of LLB. Actually, I graduated with a Third Class at NOUN. The rejected stone can become the cornerstone. We’re reminded not to look down on anyone.

“You can’t imagine what I endured throughout the service. How shattered I must have felt to be disgraced by my spiritual leader in such a manner? I am no. 2262 on the list. I, Vera, deserve better now.

“The Devil came to steal my testimony but Jesus said NO!,” she stated in a separate post.

A masseur has been arrested for allegedly raping a 71-year-old woman in Portugal.

The 71-year-old British pensioner went to police after allegedly being sexually attacked following a 47-year-old massage session in the Algarve town of Quarteira.

A spokesman for Portugal's Policia Judiciaria police force, confirming the arrest in the Algarve municipality of Loule which Quarteira forms part of, said: 'Last Friday the Polícia Judiciaria arrested a 47-year-old man strongly suspected of raping a 71-year-old foreign national at a massage center in the municipality of Loule.

'The alleged victim reported the incident which the police found out had allegedly occurred after a massage session.

'As a result of the investigation, conducted by the PJ's Southern Directorate, officers were able to gather some very relevant evidence.'

A source close to the ongoing investigation added: 'We are waiting for the medical reports to build up a full picture of what happened.

'Police are also looking into the arrested man's background to see if there have been prior cases involving this individual.

'In these kinds of cases, victims very often don't go to police out of shame or trauma although for now the information police have been able to gather on the detainee don't point to him having previous arrests or convictions in Portugal for any sex crimes.'

The unnamed man has already appeared in court and been bailed with the obligation to sign on every week and agree to a ban on contacting his alleged victim or her family.

On Saturday, April 13, a group of 18 masked persons dressed in army camouflage, armed with rifles, charms and Oodua Nation flags attempted to take over the Oyo State House of Assembly and Government Secretariat to proclaim the emergence of a Yoruba Nation. They caused some commotion as they insisted on hoisting a flag, but the rag-tag team of insurrectionists were soon overpowered and arrested by officers of the Nigerian Police Command. Well, not quite. They resisted the police but when soldiers from the 2 Div. of the Nigerian Army arrived on the scene, the Oodua boys took to their heels.  Cowards! They should have waited and argue with the soldiers over the integrity and sovereignty of Nigeria. But the twist in the tale turned out to be the appearance of a woman on several platforms - Modupe Onitiri Abiola, who endorsed the action of the Oodua 18 and proclaimed that a Democratic Republic of Yoruba had emerged with effect from April 13, 2024. The additional twist in the tale is that the woman introduced herself as a widow of Chief MKO Abiola, the undeclared winner of the June 12, 1993 Presidential election, pillar of sports in Africa, entrepreneur, philanthropist and a martyr of democracy.  

Nigerians are probably used to persons, groups – ethnic and socio-cultural - threatening to leave Nigeria and declare their own separate country, to as they argue correct the mistake of 1914, so-called, or to seek meaning in a new association. Afterall, in February 1966, Isaac Adaka Boro, an Ijaw ethnic minority rights activist, formed a group known as the Niger Delta Volunteer Force and declared the formation of a Niger Delta Republic.  He and his group fought the Nigerian Forces for 12 days before they were overwhelmed, arrested, tried for treason and thrown into jail. This was the first major rebellion against the Nigerian state. The same year, following the Unitary Decree No 34 of the Aguiyi Ironsi military government, the people of Northern Nigeria were so dissatisfied with the turn of events in Nigeria, they openly talked about “Araba” – meaning “let us separate.”  In January 1966, there had been a military coup which resulted in the death of Northern leaders and others, notably Prime Minister Tafawa Balewa, Sir Ahmadu Bello, Northern Region Premier, Chief Ladoke Akintola, Premier of the Western Region, and Festus Okotie-Eboh, Minister of Finance. 

The coup was led by Kaduna Nzeogwu, an Ibo man, and with that collapse of Nigeria’s First Republic, the new leader was also an Ibo man, General Thomas Umunnakwe Aguiyi-Ironsi, the first military Head of State of Nigeria. The North had wanted to separate but eventually there was a counter coup in July 1966, which ousted the Ironsi regime, which further widened the centrifugal ethnic fissures in Nigeria. In July 1967, the Ibos fought back. Led by Lt. Col. Chukwuemeka Odimegwu Ojukwu, they declared the Republic of Biafra, meaning they were determined to secede from Nigeria. The war that ensued lasted three years – 6 July 1967 – 15 January 1970. That was 54 years ago, but there are signs that the civil war in Nigeria has not really ended.  Nigeria took a turn for the worse. The rain began to beat us. 

The separatist spirit would again show up on April 22, 1990 in the coup speech by Major Gideon Orkar whose plan, as announced, included the excision of five Northern states of Bauchi, Borno, Katsina, Kano and Sokoto from Nigeria. The Orkar group was convinced that the people from these five states were the problem with Nigeria and they should just get out and form their own country. Thus, Orkar and 41 of his colleagues wanted to seize government and re-draw the map of Nigeria. They were captured by government troops, charged for treason, convicted and executed by firing squad. However, the fact that treason attracts the punishment of death has not deterred those who think that Nigeria must be dismembered, or that the map must be re-drawn. The year 2012 witnessed the emergence of a separatist, nativist, Igbo nationalism, anti-Fulani, neo-Biafra group called the Indigenous People Of Biafra (IPOB) which aims to restore and actualize the dream of Biafra. IPOB is led by Mazi Nnamdi Kanu who has been facing trial for treasonable felony since 2016. Before IPOB, there was also Radio Biafra established by Mazi Kanu in 2009, there was Movement for the Actualization of the Sovereign State of Biafra led by Ralph Uwazurike (1999) and there was the Biafra Zionist Movement (BZM) led by Benjamin Igwe Onwuka (2012). There have also been talks about the possibility of an Arewa Reepublic. 

A common thread in the foregoing is that every attempt at separation in Nigeria has been driven by frustration with the Nigerian arrangement, protests against bad governance, cries of marginalization or victimization, with ethnic identity and questions of federalism, religion and resource control thrown into the mix. For example, in 1993, following the annulment of the June 12, 1993 Presidential election which denied MKO Abiola, a Yoruba man, victory, the Oodua Peoples Congress (OPC) was formed to defend Yoruba rights and to remind the Babangida military junta that Yoruba people would not be cheated.  OPC was founded and led by Dr. Frederick Fasheun. It was also known as the Oodua Liberation Movement, or the Revolutionary Council of Nigeria. There would later be a more militant faction of the group, a breakaway faction, led by Gani Adams, who is now the Aaare Ona Kakanfo of Yorubaland, that is the Yoruba Generalissimo, defender of the Yoruba realm. The OPC never really pushed the idea of leaving Nigeria: the group, Fasheun or Gani Adams faction has consistently focused on defending Yorubaland against any form of attack or aggression from other groups and to protect Yorubaland, covering both the South Western states and Itsekiriland in the Delta. The Itsekiri are cousins of the Yoruba. They share cultural, linguistic and political heritage 

What we must note is that the Yoruba who had been maintaining a pacifist, federalist position in the matter soon began to talk about secession too, with the emergence under the Buhari administration (2015 – 2023) of the likes of Professor Banji Akintoye, and the militant Sunday Igboho who announced an Oodua Republic with a group known as Ilana Omo Yoruba in response to what they considered the Fulanization of Nigeria by the Buhari government and the assault on Yoruba territories by Hausa-Fulani herders. Ideologically, their objective was to protect Yoruba territory against Fulani invasion, to avoid a repeat of the seizure of Ilorin, a Yoruba town, in the 19^th century.  The group petitioned the United Nations.  The mainstream Yoruba position however had always been restructuring and federalism, as canvassed by the Awoist group, the OPC and the Afenifere. The idea of an Oodua Republic looked like a fall-back position. 

Sunday Igboho’s activism and militancy telegraphed what happened in Ibadan on Saturday. He is a self-determination activist who went beyond Professor Akintoye’s theoretical disposition to ask for an immediate declaration of an Oodua Republic. Of course, the Nigerian state went after him. He had to spend three years in exile and only recently returned for his mother’s burial. But that is another story.  It would be recalled, however, that in April 2021, more than 100 self-determination groups stormed Ibadan to declare an Oduduwa Republic, and a Yoruba nation. They included the Nigerian Indigenous Nationalities Alliance for Self-Determination (NINAS), the Youth Initiative, Itsekiri National Youth Council, Ilana Omo Oodua and the Homeland Group. They were dispersed by the police. Now in 2024, we have a Mrs Modupe Onitiri-Abiola, leading a relatively unknown Ominira Yoruba group, trying to take over power in Oyo State. Special attention should be paid to the fact that the group has been disowned by both Professor Banji Akintoye and Sunday Igboho whose real name is actually Chief Sunday Adeyemo. Professor Akintoye says the group must be an agent of the Fulanis still desperate to destabilize Yorubaland. Igboho says he does not know the group, and that they are so “low-brained”. Akintoye and Igboho seem convinced that the Ibadan secessionists must be insane. No Yoruba leader has come out to identify with Mrs. Abiola’s group. 

My take however is that the Yoruba elite cannot distance themselves from what has happened. Each and every one of them who has been calling for this or that or else, is guilty. I refer them to Ebrahim Hussein’s Kinjekitile, a 1979 play written by the Tanzanian playwright on the Maji Maji war. The lesson of that play is that a word when spoken develops a life of its own, beyond the author of the word. You can break a community, nation and even the world, by the power of words spoken. Those who ask that the mistake of 1914 must be revisited and that Nigeria must be renegotiated have their point, but let them also think about the effect of their pronouncements. MASSOB created IPOB. Nnamdi Kanu gave birth to Simon Ekpa. Self-determination, the right of a people to decide their own destiny is a fundamental right under the UN Charter (Article 1 sub. 2), and we have seen that in the case of Kosovo, and Abhkazia, and the unresolved, ongoing cases of Kurdistan, Northern Cyprus, Quebec, Scotland, Western Sahara, Tibet and Taiwan. Nonetheless, the April secessionists of Ibadan led by Mrs Onitiri -Abiola and others of their ilk must be reminded that whereas Nigeria is a signatory to international laws and conventions, it remains a country governed by specific domestic laws, and this is where I think Mrs. Abiola and her band of 18 soldiers are in troubled waters. Section 2 of the Nigerian 1999 Constitution states clearly that Nigeria is “one indivisible and indissoluble sovereign state to be known by the name of the Federal Republic of Nigeria.” Section 37 of the Criminal Code prescribes the death penalty for anyone who tries to tamper with Nigeria’s sovereignty. The offence is defined as treason. In Sections 40 – 43 of the same Code, the law refers to treasonable felony which attracts the punishment of a life imprisonment. Mrs Abiola and her gang have definitely ran foul of the law. They must be arrested, investigated, and prosecuted. Mrs. Onitiri-Abiola is said to be abroad; proceedings should be initiated post-haste for her extradition and interception wherever she may be in the world, and made to answer for her sin. 

She reportedly disclosed with her own mouth that she is a widow of Chief MKO Abiola, a man who struggled and died in the process, to rescue this country from sheer hopelessness. In 1993, every section of Nigeria, including the North voted massively for Abiola in what was acknowledged as the freest and fairest election ever conducted in Nigeria. He was both a hero and a martyr of democracy.  And just like that, here comes Mrs. Modupe Onitiri-Abiola, one of Chief’s many wives, suddenly showing up from Alhaji’s harem, many years after, spitting on his grave and legacy.  Is she truly of the MKO stock? I think the Abiola family owes us a duty of issuing a statement to clarify at least one point: that Mrs. Onitiri-Abiola does not speak for the family. MKO Abiola is one of Yorubaland’s major icons of the 20^th and 21^st centuries, and a Nigerian hero.  It is sad that anyone at all, would dare associate his name with less noble causes.   

President Bola Ahmed Tinubu must feel personally embarrassed. He is President of Nigeria from the Yoruba stock and his own people, whoever they are, are trying to take over government? It is either he is terribly disconnected from his own people or he is not paying enough attention to certain details. The other month, he came to Lagos and on his way to the mosque, his own people trooped out to complain about hunger. When he came back home for the Eid-el-Fitri festival, a week ago, he conveniently restricted himself to Ikoyi and worshipped at a place not farther than the Dolphin Estate. Wait a moment. Are Yorubas in a position to even claim that they are marginalized now that they have their own kinsman and half of the tribe of Lagos in government? President Tinubu must address “the peculiar mess” that occurred in Ibadan on April 13. He should find out if there are certain fifth columnists seeking to embarrass his government, using Yorubaland as their play field. He took an oath to defend the Nigerian Constitution. Every Nigerian leader that I have worked or interacted with insists that they are sworn to an oath to protect the indivisibility of Nigeria under their watch. Tinubu must wake up. He must not allow a situation whereby his own people are the ones calling for the dissolution of Nigeria while he is President, whatever all the textbook arguments may be. Mrs. Modupe Onitiri-Abiola must be given the Nnamdi Kanu treatment! 

We had Chief Olabode George on The Morning Show (TMS) of Arise News yesterday and he drew attention to the failure of intelligence in the Ibadan matter. The old man was right. I share his view. How on earth did the Yoruba secessionists plan, organize and move to the Oyo State Government Secretariat without anybody catching a whiff of their intentions. Their spokesperson lives abroad. They must have been in touch with her through phone calls, messages and all that. And nobody picked that up? They even bought and wore military camouflage. And all the spokespersons of the Service Chiefs will come and tell us that they are committed to the defence of the sovereignty of Nigeria? Please how do you and your troops defend this country when you sleep on duty? And where was the station manager of the Department of State Security (DSS) in Oyo State and all the other agencies?  They must all be called in for questioning. Sleeping on duty is not allowed. And one more point, where was the Nigerian Security and Civil Defence Corps?  It is the duty of that agency to protect and defend public infrastructure. Section 3 of the Civil Defence Act as amended (2007) gives the agency broad powers “to assist in the maintenance of peace and order and in the protection and rescuing of the civil population during the period of emergency.” The agency also has powers under section 3 (f) “to arrest with or without warrant, detain, investigate and institute legal proceedings by or in the name of the Attorney General of the Federation in accordance with the provisions of the Constitution of the Federal Republic of Nigeria…” Where was Civil Defence even if the other agencies failed? 

The bigger issue that we have to deal with perhaps is the increasing, creeping failure of the Nigerian state. Much fewer people today believe in the idea of Nigeria. This is why we have people challenging the state either through secessionist or separatist moves or complete abandonment of the country, the Japa phenomenon, with many believing or thinking that they would be better off in foreign lands. When Nigeria becomes attractive to its own people, we would have managed to create a nation.

The senior Pastor of dunamis International gospel centre, Paul Enenche on Monday opened up on the controversy surrounding a lady who testified about being a “B.SC graduate of law” from the Open University of Nigeria, NOUN.

Pastor Enenche said he never intended to disgrace the testifier, Vera Ayim when he interjected while she was testifying on Sunday. 

On Sunday, Vera came on the altar of Dunamis Church to share her testimony of how God made her the “only graduate in her family.”

During the testimony, Vera said she graduated with a “BSc in Law” from NOUN.

Pastor Enenche asked what kind of degree she graduated with and she said ‘’B.Sc in Law.”

Aggrieved, the clergyman accused the Vera of lying. 

The issued had irked much frenzy on social Media with Nigerians asking Enenche to apologize.

Responding, Enenche said his action was rather based on his and the church’s aversion to seeming mediocrity and any appearance of untruth.

Speaking through Sylvester Edoh, his Personal Assistant, Enenche assured that he has reached out to the Vera personally.

A statement signed by Edoh reads: “A scenario was created on Sunday the 14th April, 2024 at the Glory Dome, the Global Headquarters of Dunamis International Gospel Centre, when Ms Anyim Veronica Nnenna came out to testify of how God helped her graduate from the University, thus making her the first person to attain that feat in her family.

“These were the immediate triggers for the said scenario:First, listening to the testifier’s expressions as it borders on basic spoken English, conveys the impression that the minimum standard expectation of a graduate, especially a graduate of Law was not met. Second, stating that she studied Law for 10 years begged the question of what her degree actually was.

“Third, she was unable to state exactly what the correct degree was for Law which is LLB, rather she said it was a BSc in Law which is largely unknown as a Law degree in Nigeria and possibly globally.These prompted the Senior Pastor, Dr. Paul Enenche to stop the testimony immediately as a product of a “lie.”

“However, relief came when it was later confirmed that she actually graduated from a university. It must be pointed out clearly here that embarrassing the testifier publicly with the attendant media frenzy was never intended; whatever happened was under the spur of the moment.

“The action of the Senior Pastor was rather based on his and the church’s aversion to seeming mediocrity and any appearance of untruth.

“While we remain resolute in our passion for excellence, intolerance of mediocrity and falsehood, we wish to reiterate the fact that no harm or hurt was ever intended by the Senior Pastor against Ms. Anyim Veronica.

“The Senior Pastor feels deeply concerned and had already reached out to her. As a Commission, we regret every inconvenience, hurt and embarrassment this unfortunate scenario has caused to Ms Anyim Veronica Nnenna.”

Enenche assured of his commitment towards Vera’s physical welfare as well as her spiritual growth.

Arrested Yoruba Nation agitators have said they do not regret their action.

Recall that the agitators were arrested after invading the Oyo State Governor’s Office and the state House of Assembly on Monday.

A 55-year-old lecturer at the Federal College of Education (Special), in Oyo State, Alabi Ogundeji said he doesn't regret his action.


Corroborating his view, a 29-year-old phone repairer, Ademola Adeniyi, who was part of the arrested agitators, also said he didn’t regret joining the struggle.

The PUNCH reports that about 20 persons were arrested by the police after some masked men in military camouflage with rifles and charms suspected to be Yoruba Nation agitators early Saturday invaded the Governor’s Office and the state House of Assembly.

Speaking with newsmen separately at the state Police Command, Eleyele in Ibadan, the state capital, during their parade by the police, the duo insisted that their actions were lawful under Nigeria and international law.

Ogundeji said, “I’m part of the agitation and I can’t deny it. Yoruba as an indigenous nation is a nation on its own. We have so many nations in Nigeria and Yoruba is one of them.

“Oodua Nation leaders have taken every step and action that needed to be taken. So, we embarked on a referendum which was 500 petitions signed by all Yorubas, and this has served as the referendum.

“Our leadership went to all Yoruba-speaking states to serve official letters written by our leaders and we were given our copy. After that is proclamation, declaration, occupation, and notification to the world that Yoruba is an indigenous nation.

“We were at the Secretariat, Agodi in Ibadan to celebrate and rejoice because of the new nation that was born. It is not a new thing that Yoruba is a nation and we want to stand on our own. We have been together with Nigeria for over 100 years."

In his own, the 29-year-old phone repairer, Adeniyi, also amongst those arrested said, “We all know that nothing is working in Nigeria and things are hard for everyone except those in government. We were at the Secretariat waiting for our leader to address us.

“We believe our leader knows much about the law. So, we are not afraid to join when we are called upon. Our leader told us that all challenges Yoruba are facing shall be addressed if we achieve our aim,” he stressed.

While parading all the suspects, the state Police Commissioner, Hamzat Adebola, described the act as criminal, unpatriotic and a clear case of treasonable felony and terrorism which would be meted with adequate sanctions.

He explained that the continued existence of Nigeria as a sovereign indivisible entity is a task that must be accomplished, adding that “the labour of our heroes past shall never be in vain.”

“As a parent, I enjoin other parents, guardians and leaders in every sphere of political, religious and socio-economic influence to prevail on their children, ward, protégés and followers against being used by unpatriotic individuals to promote anarchy in the state and by extension, Nation.

“I would like to use this medium to remind the criminally minded that the state is home to many responsible, hospitable and extremely intelligent individuals who pride themselves on creativity, hard work and resourcefulness.”

He, therefore, vowed that it would not be reduced under his watch to a playground for the criminally minded and misguided individuals or groups who intend to make their livelihood by distorting the relative tranquillity enjoyed by the good people of the state.

The immediate past governor of Kaduna State, Mallam Nasir El-Rufai has revealed that he doesn't want to be a godfather.

He disclosed this while speaking at a Capacity-Enhancement Workshop for Senior Government Officials in Borno State, on Monday.

El-Rufai said he has only visited Kaduna five times since he left office almost a year ago.

“I don’t want to be a godfather and that’s why I don’t interfere in what is happening in Kaduna, I want him (the governor) to learn and get the job by himself.

“What we lack is good leadership, the majors aspects of good quality of leadership.

“The leader should get good people to get the job done.

“Only God can do everything by himself, no matter how good you are as a leader, you can be as effective as people around you and that’s why the saying that no country get better than the quality of his civil services,” he said.

The Transmission Company of Nigeria (TCN) has disclosed that the national grid has been completely restored following Monday's fire incident at the Afam power generating station in Rivers State.

TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, stated in Abuja that the fire caused a partial disturbance of the grid.

“At about 2:41 a.m., fire erupted at the Afam V 330 kV bus bar coupler, leading to the tripping of two units, Afam III and Afam VI.

“This resulted in a sudden generation loss of 25 MW and 305 MW, respectively, at the two units, destabilising the grid and causing a partial collapse.

“The affected section of the grid has been fully restored and stabilised,’’ she stated.

She explained that during the incident, the Ibom Power plant was isolated from the national grid and supplied power to parts of the Port Harcourt region, thereby minimising the effect of the system disturbance.

“TCN reaffirms its commitment to enhance the resilience and reliability of the national grid and pledges to continue investing in measures to strengthen the grid infrastructure,’’ Mbah assured.

The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an Iranian strike on Israel, putting it at more than five-month highs.

Naira breaks key resistance

Goldman Sachs projection became a reality when the local currency exchanged at below N1000 at some segments of the parallel market as of late Sunday.

The American investment bank’s economists stated that the Naira’s bullish momentum on the foreign exchange market will likely cause it to trade for less than N1,000 per US dollar in the coming months.

The tier 1 investment bank claimed that the rally in Nigerian currency helped recover from large losses after two devaluations since last June by being bolstered by capital inflows and successive interest rate hikes.

Recall in March, Goldman Sachs earlier projected that the Naira would appreciate to N1,200 per Dollar in 2024. The top bank has implemented several policy initiatives in recent months to bring stability to the foreign exchange market.

The CBN increased interest rates to 24.75% at the most recent meeting of the Monetary Policy Committee (MPC), which helped it recover losses from the two devaluations that occurred since June of last year.

Further gains for the naira result from the CBN’s ongoing intervention, which involves selling foreign exchange to Bureau De Change operators at a revised rate.

The market anticipates higher inflows of US dollars from the sale of foreign currency bonds in the second quarter as revealed by Finance Minister Wale Edun. This came when the government offered high-yield short-term debt products at a premium to entice overseas capital into the economy.

Nigeria’s gross foreign reserves have decreased despite a persistent increase in the world commodities market. The Middle East’s geopolitical unrest and the anticipation of an Iranian government strike on Israel caused oil prices to soar.

Crude oil prices have risen beyond $90, and Nigerian grades are trading at a premium to the ICE Brent benchmark despite a drop in production volume that had a detrimental effect on fiscal performance.

Fears over rates have sent the dollar to a five-and-a-half-month high

Israel and Iran conflict bolstered the dollar index as it steadied in London trade after surging to 5-½ month highs on Friday. Demand for haven after Iran’s massive missile and drone strike against Israel strengthened the US dollar.

However, it seemed that the hit had little effect, and Iran also gave the impression that it had finished attacking Israel. According to reports, Israeli ministers also stated that they had no plans to retaliate immediately after the strike.

In addition, the expectation of higher-for-longer U.S. interest rates supported the dollar in the wake of last week’s hawkish Federal Reserve signals and high inflation figures.  Weak economic prints from China further drained public sentiment toward Asia. March saw a decline in China’s disinflation as well as lower-than-expected export and import data.

Rapidly falling wagers that the Fed will lower interest rates in the first half of 2024 also helped to support the dollar. This was followed by high March inflation figures.