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By Zayyad I. Muhammad

Nigeria is one of the most important countries in Africa and a key player in the global Black community. Its economic strength, strategic geographic location, and influence (on its own rights) in international affairs have made it a significant hub for investment and business. Therefore, it is no surprise that Binance and its leadership were drawn to Nigeria, seeing the country as a lucrative market.

However, recent developments involving Binance executive Tigran Gambaryan have raised serious concerns. His wild and unsubstantiated allegations against high-ranking Nigerian officials and lawmakers are not just an insult to the nation but a blatant attempt to blackmail and tarnish Nigeria’s international image. Such reckless accusations should not be ignored, as they undermine the country’s sovereignty and credibility on the global stage.

The Nigerian government must not take this matter lightly. To ensure that such behavior is met with firm consequences, further diplomatic, legal, and economic measures should be pursued against Tigran and his company, Binance. If Nigeria fails to act decisively, it risks setting a dangerous precedent—one where foreign actors can manipulate narratives, evade responsibility for economic crimes, and attempt to pressure the country through international channels.

This situation is not happening in isolation. In early 2024, Binance was accused of operating illegally in Nigeria, manipulating forex, and conducting economic activities that destabilised the Naira. Both Tigran Gambaryan and Nadeem Anjarwalla were arrested and charged with money laundering and illicit financial transactions. While Anjarwalla managed to escape, Tigran was released on diplomatic, health, and compassionate grounds—a gesture of goodwill that is now being repaid with hostility.

Nigeria cannot afford to tolerate individuals like Tigran, who engage in questionable financial practices and resort to baseless and outrageous accusations against the country’s leadership. If strong and unapologetic action is not taken, we will likely witness more figures like Tigran exploiting diplomatic loopholes and using ‘below-the-belt’ tactics to evade accountability for their economic crimes.

The Nigerian government must further explore all available legal options, including international legal action and targeted economic sanctions against Binance, to hold those responsible accountable. Nigeria is not a playground for foreign business entities looking to manipulate its financial system while disrespecting its institutions and high-ranking officials, including lawmakers.

Nigeria has the capacity to defend its interests and safeguard its economic stability. It must act decisively to ensure that those who attempt to undermine its economy and reputation face the full weight of the law. International diplomatic channels should be leveraged to demand a formal apology from Tigran Gambaryan if necessary.

Nigeria’s sovereignty, financial stability, and international standing must be protected at all costs. Any attempt to blackmail or pressure the country must be met with strong resistance, ensuring Nigeria remains in control of its economic and political destiny.

Zayyad I. Muhammad writes from Abuja via zaymohd@gmail.com.

By Sabiu Abdullahi

The Nigeria Customs Service Technical and Hangar Services Limited (NCT&HSL) successfully held its maiden Annual General Meeting (AGM) on Tuesday, 18 February 2025, in Abuja.

The event brought together key stakeholders from the aviation, customs, and public sector logistics industries to discuss operational development and expansion strategies.

Comptroller-General of Customs, Adewale Adeniyi, commended the company’s achievements, stating, “It is evident that the company has made significant strides in this short period, surpassing its achievements in the preceding year. The company’s future prospects are even more important to us.”

He also expressed confidence in the company’s investments, noting, “On my way back from Ilorin yesterday, I made a quick visit to the hangar and saw how busy it was. This underscored that we are investing in the right direction”.

The Ministry of Finance has expressed interest in further investing in the company, which is expected to provide fresh capital, expertise, and networks to drive growth.

Adeniyi noted, “As the majority shareholder, our expectation is that the company will continue to grow as a profit-yielding entity, providing value to our stakeholders and shareholders”.

The Managing Director of NCT&HSL, Capt. Kuhi Mbaya, highlighted the company’s role in modernizing customs operations and reiterated its commitment to balancing workforce competence with financial prudence.

“We are strategically employing qualified and competent staff while keeping a watchful eye on our salary overheads so that we do not overextend our financial capabilities,” he explained.

The company is adopting smarter financial strategies for maintaining equipment, exploring cost-effective alternatives such as leasing or collaborating with other organizations to share resources.

Mbaya assured stakeholders of the company’s commitment to operational excellence and financial sustainability, stating, “We continue to seek innovative ways to optimize our expenditure while maintaining the highest safety and compliance standards”.

At the closing session of the AGM, the board appointed new auditors and reappointed directors after due consideration.

The meeting set the stage for long-term planning, including upgrading aircraft maintenance facilities, improving ground handling services, and expanding the NCS fleet to support customs enforcement operations.

By Hadiza Abdulkadir

Ahmad Salkida, founder and CEO of HumAngle Media, laments the daunting challenges entrepreneurs face in Nigeria. With several years of experience and travels across 25 countries, he describes Nigeria as one of the most challenging environments for independent businesses.

Salkida points to excessive taxation and a lack of basic amenities, arguing that the legal framework fails to distinguish between social enterprises and traditional businesses. 

“The legal and regulatory framework fails to differentiate between social enterprises and traditional businesses, with the Federal Inland Revenue Service (FIRS) focused solely on meeting unrealistic revenue targets at the expense of struggling businesses.

Success relies solely on relentless hard work and prayers,” Salkida stated, lamenting the physical and mental exhaustion that often comes with achieving success in such a challenging landscape. 

Salkida emphasizes the urgent necessity for systemic reforms to assist small and medium-sized enterprises in Nigeria.

By Amir Abdulazeez, PhD

In ancient times and through the Middle Ages, people used autobiographies to share hidden truths, make confessions and communicate genuine experiences. Nowadays, they are used by politicians and world leaders for self-justification and self-glorification. Whether in the West, across Africa, or within Nigeria, the pattern remains the same—political figures use autobiographies to rewrite history in their favour, often ignoring their failures or controversies.

Between 1948 and 1954, former British Prime Minister Winston Churchill published multiple volumes of memoirs portraying him as World War II’s hero. While Churchill was undeniably a key figure in the war, his narratives downplayed criticisms of his leadership, including his alleged role in the Bengal Famine of 1943, which resulted in the deaths of millions. His autobiographical works cemented his legacy as a wartime leader while sidestepping his more controversial decisions.

Modern political memoirs have increasingly become exercises in selective storytelling, where leaders carefully articulate their narratives to present themselves in the most favourable light possible. Former United States President Richard Nixon used his autobiography, The Memoirs of Richard Nixon, to repair his image after the Watergate scandal. After lying about the possession of weapons of mass destruction as a justification to invade, Tony Blair’s A Journey and George W. Bush’s Decision Points cruelly and shamelessly attempted to justify their baseless war in Iraq in 2003. 

Across Africa, many leaders have also engaged in the practice of using autobiographies to deny or justify their shortcomings. As good as they were, Ghana’s Kwame Nkrumah, Zambia’s Kenneth Kaunda, Tanzania’s Julius Nyerere, and Kenya’s Jomo Kenyatta have all been accused of using autobiographies to exaggerate their legacies, downplay their shortcomings, and ignore controversies around their stewardships.

In Nigeria, Olusegun Obasanjo’s 2014 book My Watch has been widely criticised for being self-serving. While Obasanjo portrays himself as a patriot and a visionary leader, he conveniently overlooked his authoritarian tendencies and allegations of corruption and electoral fraud during his tenure.  

Despite all the glaring circumstances that led to Dr. Goodluck Jonathan’s decisive defeat in the 2015 Presidential elections, in his 2018 book My Transition Hours, he tried hard to justify and downplay his actions while also constructing different conspiracy theories that gave the impression that he didn’t lose the elections freely and fairly. 

Just when we thought we had enough of all these politicised autobiographies, former Military President General Ibrahim Badamasi Babangida has released his own memoirs. While often and correctly presented as one of Nigeria’s finest soldiers, strongest leaders, and elder statesmen, we cannot expect his memoirs to differ significantly from those of other Nigerian, African, and world leaders. IBB is unfortunate to be one of the most studied and documented Nigerian leaders, and there are numerous controversies, inconsistencies, and tactical deceptions associated with his tenure that no autobiography can reconcile. 

One major criticism of IBB’s memoir is its timing. The delayed release suggests a strategic waiting period for public emotions to cool and memories to fade. Apart from the main actors, many others in a position to validate or refute whatever he might say in his book are deceased. In fact, the majority of the current generation of Nigerians were not even born when he left power in 1993. In a nutshell, while Babangida’s autobiography may attempt to rationalise many of his decisions, the scars left by the events he oversaw, such as the Structural Adjustment Programme, state executions, public corruption, and the endless and wasteful transition programme, will remain fresh in the country’s memory.

In Nigeria, what have these autobiographies taught us? Many leaders and political figures have left behind terrible legacies that they cannot afford to entrust to impartial storytellers. While they ought to spend the remainder of their lives in regret and reflection, they prefer to add salt to the wound by publishing half-truths and falsehoods as autobiographies. When they do this, they invariably have other elitist co-conspirators, who benefited from their actions and inactions in power, gathering to celebrate them as heroes. 

As a former Nigerian leader, as long as you are alive and influential, you can always find a way to redeem your image despite your atrocities. I often ask people to imagine if General Sani Abacha were still alive; who would dare to recover any foreign loot associated with him? Who doesn’t have skeletons in their cupboards? Unfortunately for Abacha, apart from being dead, he had also stepped on most, if not all, of the toes that would have protected him, and again, one of the most affected became President just 11 months after his death.

Not everyone is the same. There are patriotic Nigerian leaders, statesmen, and freedom fighters who deserve to write autobiographies. Unfortunately, when they do, their works often get drowned in the ocean of the more negative ones who are wealthier and more popular. By tradition, Nigerians tend to promote and accept things that are popular and glamorous rather than those that are truthful and sincere. This is why you don’t hear trending biographies about Gani Fawehinmi, Abdulkadir Balarabe Musa, and others.

Ultimately, everyone has the right to their own opinion and narrative of events as they wish others to perceive them. While autobiographies offer valuable insights into the minds of world leaders, they should be read critically. Readers must recognise that these books are not always honest reflections of history but are often carefully crafted narratives aimed at preserving a leader’s legacy. 

The memoirs of political leaders frequently function more as instruments of image control than as genuine historical accounts. The ultimate judgement of political leaders should not lie within the pages of their autobiographies but rather in the lived experiences of their citizens and the tangible impacts of their policies. 

I read three autobiographies recently, and I found them to be outstanding and honest: Sir Ahmadu Bello’s My Life, Nelson Mandela’s Long Walk to Freedom and Mahatma Gandhi’s The Stories of My Experiments with Truths. Sardauna’s was simple, least self-glorifying and occasionally self-critical. Mandela’s was strictly a chronicle of collective struggles, only mentioning but leaving out details about subjective issues and cleverly terminating his story to the point he was inaugurated as President. He left the story of his presidency to be told by others. Gandhi’s was the best; when he was literally forced to write his memoirs in 1925, he named it ‘My Experiments’; the translators added the word ‘autobiography’. He never wanted to write because he believed that if your actions were right, there was nothing to boast about; for the wrong ones, there would always be many people to help you write them.

Twitter: @AmirAbdulazeez 

By Uzair Adam

The Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, has disclosed that none of the 31 proposals submitted for the creation of new states in Nigeria met the constitutional requirements.

Speaking at the opening of a two-day retreat for members of the Constitution Review Committee in Ikot Ekpene, Akwa Ibom State, Kalu, who also serves as the chairman of the committee, revealed that over 200 bills seeking amendments to the 1999 Constitution had been received.

He stated that while some of the proposed amendments had reached the second reading stage, others were still at the first reading.

According to him, the retreat aimed to review the bills, incorporate expert input, familiarize members with their contents, and prioritize them based on national interest.

The committee is also preparing for zonal public hearings and a harmonization meeting with the Senate.

“The compilation process has revealed instances of duplication—whether by sponsors or overlapping subject matters. This necessitates meticulous harmonization to streamline efforts and eliminate redundancy,” Kalu said.

He further explained that the bills had been grouped into thematic areas, including federal structure and power devolution, local government autonomy, public revenue, fiscal federation, revenue allocation, electoral reforms, judicial reforms, gender issues, human rights, and state creation.

Regarding state creation, Kalu said the committee received 31 requests but found none of them met the constitutional criteria.

Consequently, the submission deadline has been extended to March 5, 2025, to allow applicants to fulfill the necessary requirements.

In a move to enhance public engagement, Kalu announced the establishment of a situation room in collaboration with Policy and Legal Advocacy Centre (PLAC) to address concerns from Nigerians during the constitution amendment process.

He urged lawmakers to ensure that citizens’ voices are reflected in the ongoing reforms.

The deputy speaker also disclosed plans for zonal public hearings across the six geopolitical zones to gather more input from stakeholders before finalizing the amendments.

By Uzair Adam

Governor Abdullahi Sule of Nasarawa state has dismissed the suspended chairman and members of the Teachers Service Commission (TSC) over allegations of employment fraud.

The announcement was made on Friday during the swearing-in ceremony of 16 newly appointed commissioners at City Hall in Lafia, the Nasarawa State capital.

Governor Sule also disclosed plans to establish an independent body to oversee fresh selection interviews for 3,000 previously recruited teachers, with the aim of selecting 1,500 qualified candidates.

The newly appointed commissioners, who were screened by the state legislature, include:

Yakubu Kwanta – Youth and Sports (Akwanga LGA)

Umar Tanko Tunga – Lands (Awe LGA)

Munirat Abdullahi – Finance (Doma LGA)

Gabriel Agbashi – Science & Technology (Doma LGA)

Isaac Danladi Amadu – Environment (Karu LGA)

Margret Itaki Elayo – Pending Portfolio (Mans LGA)

Dr. Ibrahim Tanko – Information (Keffi LGA)

John D.W Mamman – Education (Kokona LGA)

Aminu Mu’azu Miafata – Local Government & Community Affairs (Lafia LGA)

CP Usman Baba – Security & Sundry (Lafia LGA)

Mohammed Sani Ottos – Trade and Investment (Nasarawa LGA)

Mohammed Agah Muluku – Water Resources (Nasarawa Eggon LGA)

Barr. David Moyi – Special Duties & Legal (Obi LGA)

Gaza Gwamna – Health (Toto LGA)

Barr. Jugbo Hauwa Samuel – Justice (Wamba LGA)

Mu’azu Gosho – Works (Wamba LGA)

Governor Sule reaffirmed his administration’s commitment to transparency, accountability, and good governance in Nasarawa State.

By Abdullahi Mukhtar Algasgaini

In his newly launched book, A Journey in Service, former military president Ibrahim Babangida has revealed that his close ally and colleague, General Sani Abacha, plotted a violent coup to remove him from office.

Babangida, who oversaw the country’s military regime from 1985 to 1993, disclosed the shocking details of Abacha’s intentions during a book launch event at the Transcorp Hilton Hotel in Abuja on Thursday.

Abacha, who later led the military junta that ousted the transitional government of Ernest Shonekan, opposed the process of handing over power to a civilian administration.

Babangida reflected on his interactions with Abacha, admitting that at various points, he feared for his own safety and the well-being of those around him.

He also questioned why Abacha was not retired earlier to prevent the issues that would later lead to his own downfall.

“There was no pact between Abacha and me,” Babangida clarified in his book, addressing speculation about a secret agreement between the two.

Despite his growing concerns, Babangida chose not to take drastic action against Abacha or other opposition forces in the military, fearing it could lead to bloodshed due to the deep divisions within the armed forces.

Babangida expressed regret over his decision to not neutralize the opposition earlier, especially the Abacha-backed ABC News (ABN), which he accused of disrupting the transition process.

Reflecting on his time in power, Babangida admitted that his instincts told him to take a stronger stand against Abacha, but the unstable political environment made such a move dangerous.

This revelation offers new insight into the tense relationship between the two military leaders and the challenges Babangida faced as he navigated the difficult road to civilian rule.

By Nasiru Ibrahim

“The introduction of AI and automation is a double-edged sword: it holds immense potential for efficiency, but its consequences on job markets, especially in developing economies like Nigeria, need to be addressed through strategic workforce planning and skills development” (Bessen, 2019).

This article examines the positive and negative impacts of AI on the workforce, supported by economic theory and real-life examples from Nigeria.

Artificial intelligence is the direct opposite of human intelligence. It showcases the ability of machines, such as computers, to carry out tasks that require human intelligence. AI performs tasks such as writing, problem-solving, analyzing data trends, driving self-driving cars, harvesting fruits on farms, and other tasks traditionally performed by humans.

AI automation involves the use of artificial intelligence and technology to automate repetitive tasks that humans traditionally carry out in their daily lives. It enhances productivity, efficiency, and scalability, reduces production costs, and ensures round-the-clock availability for services such as banking.

AI depends on data to perform tasks and learns from humans through data annotation or labelling. This indicates that it cannot recognise images, interpret voices, or understand statements unless trained by humans. Generative AI like GPT–4 is transforming the labour market while influencing the demand and supply of labour in the overall economy. The automation of repetitive tasks in both skilled and unskilled jobs by companies has raised concerns about whether AI will harm or benefit the workforce. This debate has led to the application of traditional economic theory to explore and explain the economic effects of AI.

Economic Theory on AI

Austrian Economist Joseph Schumpeter’s theory of creative destruction explains how new technology and innovation reshape economies by replacing old jobs and technologies with new ones. This theory supports the argument that AI can create new industries, jobs, and opportunities, as seen in Nigeria’s growing tech sector, which includes Fintech, E-learning, E-commerce, and Agritech. Below, we explain these theories with examples from across Nigeria.

Firstly, in Fintech in Lagos, companies like Flutterwave and Paystack now employ AI engineers and data scientists to develop fraud detection systems and personalised banking tools.

Secondly, in E-learning in Abuja, platforms like Ulesson use AI for tailored learning experiences, creating roles like app developers and AI trainers.

Thirdly, in E-commerce in cities like Lagos and Kano, Jumia and Konga use AI for supply chain optimisation and chatbots, fostering jobs in logistics tech and digital marketing.

Fourthly, in Agritech in Kaduna, Thrive Agric employs AI for farm monitoring and analytics, generating demand for data analysts and field specialists.

Human Capital Theory

Human Capital Theory, developed by Gary Becker and Theodore Schultz, emphasises the importance of education and skills in economic productivity. In Nigeria, the demand for human capital has increased in sectors such as machine learning, data annotation, and AI development. The rise of AI has fostered a need for expertise in areas like data science and machine learning. Initiatives like Data Science Nigeria are aiding individuals in acquiring these skills, enhancing their employability and contributing to the nation’s economy. This aligns with Human Capital Theory, which asserts that investing in education and skills enhances productivity.

Pareto Optimality

AI has the potential to increase productivity and efficiency in Nigeria’s economy without worsening the condition of any particular group, achieving Pareto optimality. AI in Nigerian healthcare, such as AI tools for diagnosing diseases, is helping both patients and doctors. These tools make diagnoses faster and more accurate, improving care without harming anyone. This is an example of Pareto Optimality, where everyone benefits without undermining the benefit of anyone.

Dr. G. Yoganandham (2024), Professor & Head of the Department of Economics, in his paper titled Impact of Artificial Intelligence (AI) on the Economy, Politics, Ecosystem, Innovation, and Promoting Inclusive Workforce Frameworks (2024), stated:

“The global economy could benefit by $13 trillion from artificial intelligence by 2030, although 375 million jobs may be displaced. The workplace is one of many areas where AI will bring a revolutionary impact. It can streamline processes, reduce costs, and enhance decision-making. AI can also improve customer satisfaction by analysing data for predictive analytics, reducing accidents in construction and manufacturing, and creating new employment opportunities in data science, machine learning, and AI education.

However, workplace AI raises ethical concerns about racial bias, privacy, security, and democracy. While some argue it may lead to robotic employment, there is ongoing debate about its potential to foster innovative work, create new career paths, and improve judgment.”

From the above theories, it can be deduced that on the one hand, AI, ceteris paribus, could have a positive effect on the expanding workforce in Nigeria, in terms of:

Firstly, AI fosters the creation of new jobs and opportunities. It fosters the emergence of new industries and job roles, particularly in data science, big data technology, AI engineering, and cybersecurity. Companies like Data Science Nigeria (DSN) are equipping Nigerians with skills in data analytics and machine learning, creating employment opportunities in the tech industry.

Secondly, AI enhances productivity and efficiency. It reduces production costs and streamlines processes, enabling businesses to operate more efficiently. In agriculture, Hello Tractor uses AI to connect smallholder farmers with tractor owners, increasing farming efficiency and reducing costs.

Thirdly, improving demand forecasting and profitability. AI tools optimise supply chain management and demand forecasting, leading to increased profitability for businesses. Jumia, Nigeria’s leading e-commerce platform, employs AI algorithms to predict customer preferences, enhance inventory management, and boost sales.

Fourthly, upskilling the workforce. AI encourages the development of skills that align with technological advancements, offering workers better career prospects.

On the other hand, AI could have a negative impact on the workforce in Nigeria, in terms of:

Firstly, job displacement due to the automation of repetitive tasks can affect low-skilled workers, particularly in the manufacturing and service sectors. In Nigeria’s financial sector, banks such as GTBank have adopted AI-powered chatbots (e.g., Habari), thereby decreasing the need for human customer service representatives.

Secondly, bias in hiring and decision-making. AI systems trained on biased data can create discrimination, particularly in hiring processes.

Thirdly, ethical and privacy concerns. AI-driven technologies often raise privacy, security, and data misuse issues.

Fourthly, there is limited access to AI resources. Many Nigerians, particularly in rural areas, lack access to the infrastructure and education required to benefit from AI advancements. For example, I live in Gwiwa Local Government Area, Jigawa State, but the entire local government lacks basic ICT facilities, let alone advanced technological resources that would help people understand artificial intelligence.

While AI promises to increase efficiency and productivity in various sectors in Nigeria, such as agriculture, the question remains: Will the benefits outweigh the job losses, particularly in a country with high unemployment and underemployment?

In Northern Nigeria, where more than 50% of the population is engaged in agriculture, a phased approach is urgently needed. Before AI can be widely adopted, attention should be directed towards improving mechanised farming techniques to enhance food security and tackle inflation. 

Given the shortage of skilled labour prepared to use AI in agriculture, it is essential to prioritise education and training, followed by the mechanisation of farming practices. This would ensure that the workforce is adequately prepared to embrace AI when it is introduced. AI has the potential to boost agricultural productivity by facilitating the timely harvest of crops and minimising the risk of poor yields.

The lack of education in Northern Nigeria exacerbates these challenges. According to the World Bank, the literacy rate in Nigeria stands at approximately 31%, with the Northern region experiencing a significantly higher illiteracy rate. This deficit in educational access has fostered a profound sense of frustration, as many individuals find it difficult to survive amid escalating economic hardships.

People in these regions often face unmet needs, yet politicians offer solutions that don’t address the core issues. This disconnect between the people’s needs and the actions of those in power further deepens the divide and hinders progress. Many feel that immediate economic policies, such as harsh taxation and subsidy removals, are prioritised over long-term, sustainable solutions. There is an urgent need for more inclusive and sustainable economic policies that address the technological transformation driven by AI and tackle the underlying social inequalities.

While AI adoption in agriculture has the potential to boost productivity and reduce costs, the key to its successful integration lies in addressing the fundamental issues of illiteracy, poor governance, and lack of infrastructure, particularly in the Northern regions. Only through a concerted effort to improve education, promote mechanised farming, and gradually introduce AI can Nigeria hope to mitigate the potential displacement of jobs while reaping the benefits of technology.

Ibrahim is a graduate of the Department of Economics from Bayero University, Kano, and writes from Jigawa.

By Anas Abbas

The Economic and Financial Crimes Commission (EFCC) has brought charges against 20 foreign nationals accused of engaging in cybercrimes aimed at destabilizing Nigeria’s economy.

The arraignment took place on Thursday at the Federal High Court in Lagos, presided over by Judge Musa Kakaki.

Among those charged are 15 individuals from the Philippines, one from Indonesia, and four from China.

The defendants have been identified as Kayceelyn Remorin, Jonylyn Agulto, Donny Hermanto, Guo Bin, Darwa Esmael, Lari Jane Tayac, Jhena Samiento, Jessa Sai Chui, Rain Torida, Kimbaley Nisperos, Winnie De Jesus, Shairah May Reyes, Gladys Joy May Iba, Jean Calaga, Huo Wen Jie, Zhao Sui Tao, Gong An Pengua Yua, and Anjeannet Topacio.

According to the charge sheet, the defendants, along with the corporate entity Genting International Co. Limited, allegedly accessed computer systems on December 18, 2024, with the intent to significantly disrupt Nigeria’s economic and social structures.

They reportedly recruited local youths for identity theft and misrepresented themselves as foreign nationals to gain financial benefits, violating the Cybercrimes (Prohibition, Prevention, Etc) Act of 2015 (as amended in 2024).

All defendants pleaded not guilty to the charges. Following their pleas, N.K. Ukoha, representing the prosecution, requested that the court also enter a not guilty plea for Genting International Co. Limited, which was not present in court.

Ukoha urged the court to remand the defendants in a correctional facility until the trial commenced.

In response, defense attorneys Bridget Omoteno and B.A. Ukpai opposed the prosecution’s request and sought a brief adjournment to allow their clients to consider a potential plea bargain.

After considering both sides, Judge Kakaki ordered that the defendants be remanded in custody and scheduled the next hearing for March 18 and 20.

These individuals were among 792 suspects apprehended by EFCC operatives in Lagos during a crackdown in December 2024.

By Anas Abbas

President Bola Ahmed Tinubu has officially approved the establishment of two new federal universities in Osun and Ekiti State The newly created institutions are the Federal University of Technology and Environmental Sciences located in Iyin Ekiti, and the Federal University of Agriculture and Development Studies situated in Iragbiji, Osun State.

The announcement was made by Senate Leader Senator Opeyemi Bamidele following the signing of the relevant legislation at the State House in Abuja on Thursday.

Both bills, sponsored by Bamidele in 2023 and 2024, had previously been passed by the Senate, received approval from the House of Representatives, and ultimately secured presidential assent.

In a statement released on Thursday titled “NASS Secures Presidential Assent to Federal Universities in Ekiti, Osun,” Bamidele highlighted the vital role these universities will play in fostering national development.

“These universities will help close the knowledge gap in science, technology, and innovation, promote environmental sustainability and climate action, and enhance agricultural innovation and food security in Nigeria,” he stated.

He referred to the presidential assent as a “defining and significant milestone” in the administration’s efforts to address food insecurity and climate change challenges.

Prior to the presidential approval, the Minister of Education, Dr. Tunji Alausa, had strongly advocated for the establishment of both universities in a letter to the presidency dated February 19.