Nigeria

By Tijjani Ahmad, PhD 

In Northern Nigeria’s academic landscape, few names resonate as profoundly as Professor Kabiru Isa Dandago’s. For those who pursued accounting and related disciplines from the mid-1990s onward, his name was not just familiar; it was synonymous with excellence, innovation, and unwavering commitment. 

A household figure whose books lined our shelves and whose insights shaped our minds, Prof. Dandago lived a life dedicated to paying his dues in every sphere he touched: academically, professionally, administratively, socially, and spiritually. 

Prof. Dandago’s academic journey spanned an impressive 36 years (since 1990), with 19 of those as a full professor, during which he poured his heart into teaching, supervision, and research. His classrooms were not mere lecture halls but crucibles of intellectual growth, where students emerged transformed. He authored numerous papers and books that became foundational texts, demystifying complex financial concepts and inspiring generations of accountants, managers, and scholars. 

At Bayero University, Kano (BUK) and beyond, his supervision of theses and dissertations was legendary, rigorous yet nurturing, always pushing mentees to reach their highest potential. Even in his final days, his contributions to knowledge remained undiminished, a reminder that true scholars never truly retire.

Professionally, Prof. Dandago’s influence extended far beyond academia. He was a pillar in Nigeria’s accounting bodies, serving with distinction at both national and district levels in the Institute of Chartered Accountants of Nigeria (ICAN), the Association of National Accountants of Nigeria (ANAN), and the Chartered Institute of Taxation of Nigeria (CITN). His expertise shaped policies, standards, and practices, ensuring ethical integrity in a field often tested by challenges. 

Administratively, he held pivotal roles, including as Commissioner of Finance in Kano State and as a member of the Tax Appeal Tribunal, where his decisions were marked by fairness, precision, and a deep sense of public duty. These positions were not stepping stones for personal gain but platforms for service, where he navigated fiscal complexities with the wisdom of a sage.

Yet, Prof. Dandago’s greatness was not confined to boardrooms or lecture podiums. Socially, he was a force for good, deeply invested in community service and mentorship. He guided countless young professionals, offering counsel that extended beyond careers into life itself. 

His actions spoke volumes – quiet acts of kindness, support for the underprivileged, and a commitment to uplifting Northern Nigeria’s youth. Spiritually, he lived as a devout Muslim, his faith evident in his humility, generosity, and moral compass. He was a man who walked his talk, drawing from Islamic principles to foster harmony and ethical living in all he did.

My own path with Prof. Dandago began indirectly, through whispers of his reputation. As a student at ABU, I first encountered his name in the books that formed the backbone of our curriculum and in the glowing accounts from our seniors at BUK, who spoke of him with reverence. Little did I know our worlds would intersect so meaningfully. 

Our first direct meeting came in 2011 during my MBA program, when he was assigned to teach Financial and Management Accounting alongside the late Prof. Mohammed Liman, another erudite scholar we lost just last August. Their tandem was a masterclass in itself, blending rigour with inspiration.

Two years later, in 2013, fate brought us together again at Universiti Utara Malaysia, where his presence felt like a continuation of that earlier guidance. From that point onward, Prof. Dandago became more than a teacher; he was a constant in my journey, following my progress with genuine interest. 

Our paths crossed repeatedly—in projects, fora, committees—each encounter enriching me with wisdom. Whether through his direct words, sharp and insightful, or through the subtle power of his example, no one left his company unchanged. He was the true definition of a professor: not just a dispenser of facts, but a cultivator of minds and spirits.

Prof. Dandago’s life was a symphony of service, where every note contributed to a greater harmony. In a world often driven by self-interest, he stood as a paragon of selflessness, reminding us that true success lies in what we give, not what we gain. 

As we gather to honour his memory, his burial today echoes the profound impact he had, crowds drawn not by obligation, but by love and respect for a life well-lived.

May Allah (SWT) grant him eternal peace, forgive his shortcomings, and admit him into Jannatul Firdaus, the highest paradise. 

Adieu Prof.! Sai mun zo.

By Anwar Usman


The Senate Committee on Public Accounts has summoned the former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, alongside former Chief Financial Officer Umar Ajia Isa and former Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Dr. Bala Wunti, over an alleged N210 trillion not properly accounted for by the company between 2017 and 2023.

The committee, chaired by Senator Aliyu Wadada (Nasarawa West), issued the summons on Thursday following a review of audit queries relating to the financial records of the national oil company.

The Committee chairman said they would issue an arrest warrant against the former management team if they fail to appear before it on a date that will be communicated to them.

He added that the former officials are expected to appear before the committee alongside the current management of NNPCL led by the Group Chief Executive Officer, Engr. Bayo Ojulari, as well as the external auditors who served the company during the period under review.

Wadada, while reading the committee’s resolutions to journalists, said the panel had directed the NNPCL to account for the combined sum of N210 trillion  comprising N103 trillion and N107 trillion, identified in audit reports.

“NNPCL should refund the sum of N210 trillion, being the combined sum of N103 trillion and N107 trillion, which were not properly accounted for as contained in the audit reports. NNPCL should and must account for the two figures,” he said.

The committee further  directed the company to remit to the Treasury all production costs charged against crude oil revenue for the period under review, noting that NNPC and its subsidiaries, including NAPIMS, do not directly produce crude oil.

According to Wadada, the company claimed that the N103 trillion represented cumulative expenditures by joint venture partners from JV cash calls between 2017 and 2023, an explanation the committee described as unacceptable.

He added that the company also recorded N107 trillion as subsidy receivables and sundry debts in its audited financial statements as of December 2023, which it said were owed by various banks and other entities.

“When put together, NNPCL needs to properly account for the N210 trillion,” Wadada said.

The committee also interrogate the expenditure of N5 billion which was said to have been used to facilitate the change of the company’s name from the Nigerian National Petroleum Corporation (NNPC) to the Nigerian National Petroleum Company Limited (NNPCL).

He further urged the Auditor-General for the Federation to conduct a forensic audit of the company’s financial statements for the period under review in line with Section 85 of the 1999 Constitution (as amended).

By Anwar Usman

The family members of an abducted Corp member, identified as Abba, have claimed he has been killed by his kidnappers despite paying a ransom of N10million for his release.

According to reports, the family said communication with the kidnappers suddenly stopped after the ransom was paid, deepening fears that the corps member may have been murdered.

The Daily Reality gthered that the abductors had initially demanded N10million for his release but later made fresh demands after receiving the money.

According to them, the kidnappers also requested motorcycles in addition to the ransom already paid.

“Since receiving the N10 million ransom payment, Abba’s abductors have completely cut off all communication with the family,” the sources said, according to a security analyst and counter-insurgency expert, Zagazola Makama.

The family further revealed that it had decided not to comply with any further demands following the abrupt silence from the abductors.

As a result of that, the family said it had begun preparations to conduct funeral prayers for the corps member in absentia in accordance with the Islamic traditions.

They also expressed appreciation to individuals and groups who supported them during the ordeal.

“Abba’s family wishes to express profound gratitude to everyone who offered support, prayers, donations and kind words during this difficult period.

“May the Almighty reward your generosity abundantly,” the family added.

The relatives also said they  still hope that the corps member might be alive.

“If he has passed on, may Allah forgive his shortcomings, accept his good deeds and grant him Al-Jannah Firdaus,” a family member said.

Recalled that, the deceased had earlier cried out for urgent help after terrorists locally dubbed as bandits subjected him to severe torture in captivity.

By Uzair Adam

A Nigerian researcher working in France has developed a new biological concept that could help cereal crops obtain nitrogen from the atmosphere without genetic modification, potentially reducing reliance on costly synthetic fertilizers.

Dr. Mubarak Mahmud, a researcher at French National Research Institute for Agriculture, Food and Environment (INRAE) and affiliated with Université Bourgogne Europe under its Agroecology research unit, disclosed this in an interview on Thursday.

Mahmud said the study focuses on improving nitrogen nutrition in cereal crops such as maize, wheat and rice by strengthening naturally occurring interactions between plants and soil organisms.

The Daily Reality reports that Nitrogen is widely considered the most limiting nutrient in cereal production globally. Although nitrogen gas constitutes nearly 78 percent of the earth’s atmosphere, major cereal crops cannot directly use it in its gaseous form.

As a result, farmers depend heavily on synthetic nitrogen fertilizers to maintain crop yields. However, the fertilizers are expensive and are associated with environmental challenges including greenhouse gas emissions, soil degradation and water pollution.

Mahmud explained that while leguminous crops such as beans can access atmospheric nitrogen through root nodules that host nitrogen-fixing bacteria, cereals lack this biological mechanism.

According to him, the research explores whether cereal crops can indirectly benefit from atmospheric nitrogen by strengthening existing soil symbiotic relationships.

The study centres on arbuscular mycorrhizal fungi, microscopic soil organisms that colonize plant roots and form underground networks capable of transporting nutrients to plants.

These fungi are already known to assist plants in absorbing nutrients such as phosphorus in exchange for sugars produced by the plant.

Mahmud said the research hypothesizes that nitrogen-fixing bacteria in the soil could be linked to these fungal networks, allowing biologically fixed nitrogen to move through the fungal pathway into the plant.

“In practical terms, nitrogen-fixing microbes convert atmospheric nitrogen into usable compounds, while the fungal network serves as a biological bridge between the soil and plant roots,” he explained.

“This allows the plant to receive nitrogen through the fungus’s existing nutrient exchange pathway.”

He emphasized that the approach does not involve genetic modification but instead builds on natural biological partnerships already present in agricultural soils.

Unlike conventional microbial biofertilizers that rely on bacteria operating freely in the soil, Mahmud said the concept aims to improve how biologically fixed nitrogen is directed toward the plant through the already efficient plant–fungus nutrient delivery system.

The research is still in its early stages and is currently being tested under controlled experimental conditions. Scientists involved in the study are examining how nitrogen moves within the system and how plants respond when synthetic fertilizer inputs are reduced.

Mahmud said if validated through greenhouse and field trials, the concept could improve nitrogen-use efficiency in cereal production, reduce dependence on synthetic fertilizers and lower production costs for farmers.

“This approach builds on biological partnerships that already exist in nature. The goal is to enhance how crops access nitrogen in a more efficient and sustainable way,” he stated.

He added that the research team is seeking collaboration with research institutions, soil microbiologists, agronomists and biotechnology partners interested in advancing sustainable nitrogen solutions for cereal farming systems.

By Sabiu Abdullahi

Nigerian troops under Operation Eastern Sanity have intensified their offensive against the proscribed Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN), in parts of the South-East.

The military said the ongoing operations are aimed at dismantling insurgent camps and restoring security in the region.

According to a statement, troops carried out a coordinated operation on March 3, 2026, at Camp Gbadoanya in Orsumoghu, Ihiala Local Government Area of Anambra State. The operation involved other security agencies and received close air support from the Nigerian Air Force.

The joint team moved into the area to flush out suspected IPOB and ESN fighters operating within the camp and nearby locations.

During the raid, security forces discovered several camps used by the insurgents. The camps were searched and later destroyed.

Items recovered from the location included pump-action guns, locally made Dane guns, rifle magazines, rifle components, belts of ammunition and cutting machines. Troops also found Biafran currencies, materials suspected to be used for making improvised explosive devices, as well as musical instruments believed to belong to a Biafran Army band.

Security forces also recovered a Biafran flag and a Biafran Army Headquarters flag. The troops destroyed the flags and raised the Nigerian flag at the camp.

The military said the operation continued the following day. On March 4, 2026, troops destroyed additional camps within the same area.

During the follow-up operation, soldiers located a site used for assembling improvised explosive devices. The facility was dismantled and destroyed after it was examined.

Recovered equipment from the site included welding machines, drilling machines and filling machines. Troops also seized several car batteries, one electrode welding handle, twelve locally fabricated guns and rifle components, along with other materials suspected to be used for producing explosive devices.

The military said operations against IPOB and ESN fighters will continue across the region as part of efforts to maintain security and stability.

By Sabiu Abdullahi

The Muslim Rights Concern (MURIC) has formally taken its demand for the removal of Professor Joash Amupitan, Chairman of the Independent National Electoral Commission (INEC), to the National Assembly.

MURIC and allied Islamic organisations are seeking Amupitan’s ouster due to his authorship of an 80-page legal brief alleging Christian genocide in Nigeria.

In a statement on Wednesday, MURIC’s Executive Director, Professor Ishaq Akintola, said, three months after Islamic organisations first called for Amupitan’s removal, he remains in office.

Akintola accused the presidency of showing “little interest in addressing complaints from Islamic groups,” despite what he described as “indisputable evidence” that the INEC chairman made false allegations against Nigerian Muslims before an American audience.

He questioned the federal government’s commitment to fairness, suggesting it responds more readily to “frivolous demands” than to “evidence-based complaints from law-abiding Islamic organisations.”

MURIC voiced concern that Amupitan’s continued leadership could erode public confidence in INEC’s neutrality ahead of the 2027 general elections. The group warned that alleged anti-Muslim bias might become a contentious issue in future electoral disputes.

“Since the presidency appears uninterested in listening to the complaints of Muslims against Amupitan, we must take his case to the court of the people’s representatives, the National Assembly,” Akintola said.

He noted that the call for removal was not about the INEC chairman’s religion but about what MURIC described as a “fanatical and hateful” attitude toward Nigerian Muslims.

The organisation urged lawmakers in both chambers to investigate the matter, stressing that Muslims, as citizens and taxpayers, deserve a platform to be heard.

MURIC also reiterated that Amupitan was unsuitable to serve as an impartial electoral umpire in 2027.

According to Daily Trust, Amupitan contributed to the 2020 publication Nigeria’s Silent Slaughter: Genocide in Nigeria and the Implications for the International Community, released by the International Committee on Nigeria (ICON) and the International Organisation on Peace-building & Social Justice (PSJ).

His 80-page chapter, titled Legal Brief: Genocide in Nigeria, argued that the scale and pattern of killings and displacement of Christians met the threshold for genocide under international law. The brief also criticised the federal government for failing to protect affected communities and deliver justice for victims.

By Nasiru Ibrahim 

Limited information in the market leads to inefficiency and misallocation of resources. A low-quality product or service can command a higher price, while high-skilled labour may receive lower wages. A seller with a high-quality product or service may incur losses because buyers cannot easily verify quality and are unwilling to pay a premium, fearing they may be overpaying for a low-quality alternative.

For example, a faulty car may sell at a high price because buyers lack technical knowledge, rely on appearances, brand reputation, or sellers’ claims, and face high inspection costs. A firm that chooses to be honest may lose by earning a lower profit margin because dishonest competitors exaggerate quality, cut corners, or hide defects while charging similar prices.

A quack or less-skilled consultant with fewer credentials and a weak track record may secure contracts faster due to information gaps, strong social networks, aggressive self-marketing, and clients’ inability to assess true competence before hiring.

In many markets, buyers seek to identify quality products or services by looking for higher prices, good public relations, branding, and heavy advertising. Poor-quality products and inefficient firms can imitate these signals, so both high- and low-quality products are often sold at roughly the same price. Under rational expectations, sellers understand that buyers believe higher prices signal higher quality. Buyers, lacking better information, rely on price as a shortcut, and low-quality sellers exploit this belief, leading to market failure similar to Akerlof’s Market for Lemons.

Demand for Experts, Agents, and Intermediaries

Information asymmetry increases the demand for experts, agents, consultants, brokers, and intermediaries who can distinguish good quality from bad. These agents help consumers get better deals and higher-quality products or services.

While this creates jobs, it does not necessarily solve consumer exploitation. Agents may collude with sellers, prioritise commissions over client welfare, exploit client ignorance, or add extra layers of cost without improving quality.

For example, if tax policy were simple and clearly understood, few people would need tax consultants. Complex systems create jobs for consultants and financial literacy experts. While this raises incomes and GDP, it can also raise prices because the cost of intermediaries is embedded in goods and services, contributing to inflation.

Efficiency vs Employment Trade-Off

Reducing information asymmetry improves efficiency but can increase unemployment in the short run. Many jobs—brokers, consultants, agents, and middlemen—exist mainly because consumers lack information. When governments improve transparency through clear regulations, digital platforms, and public data, fewer intermediaries are needed. As a result, demand for these expert roles declines, leading to job losses.

This creates a policy trade-off: greater transparency improves efficiency but reduces employment in information-based intermediary jobs. To manage this, governments should invest in retraining and help displaced workers move into sectors where skills add real value rather than exploiting information gaps.

Moral Hazard—Buyers Can Also Cheat

Moral hazard occurs after a transaction, when one party changes behaviour because costs are partly borne by the other party. Buyers are not always passive; they may also cheat when incentives allow.

Examples include tenants damaging rented property because repair costs are borne by landlords, insured individuals exaggerating losses, clients hiding information or misusing professional advice, and borrowers diverting loans to unintended uses.

Buyer-side moral hazard worsens inefficiency. Sellers respond by raising prices, tightening contracts, reducing quality, or exiting the market. Honest buyers then face higher costs and fewer choices, while resources are allocated to monitoring and enforcement rather than to productive activity. Information asymmetry is therefore two-sided, and policies must address both adverse selection and moral hazard through better contracts, monitoring, and enforcement.

Guarantees, Warranties, and Mixed-Quality Equilibrium

Guarantees and warranties are often introduced to signal product quality. High-quality sellers are willing to offer guarantees because defects are less likely, which should push low-quality products out of the market.

However, guarantees also create buyer-side moral hazard. Buyers may reduce care, overuse, or deliberately damage products because repairs or replacements are covered. This increases warranty costs for all producers.

High-quality firms may respond by raising prices, limiting coverage, or reducing quality investment. Low-quality firms can mimic guarantees by pricing in expected abuse. As a result, good and bad products coexist in equilibrium, despite the presence of guarantees. Guarantees improve trust but do not fully resolve market failure. Moral hazard shifts costs rather than eliminating inefficiency.

Digital Platforms, Formalization, and Consumer Protection

E-commerce and digital marketing platforms reduce information asymmetry by increasing price transparency, reviews, ratings, comparisons, and direct access to sellers. These tools reduce reliance on intermediaries and help consumers verify quality.

In cities like Abuja, Port Harcourt, and Lagos, consumers can reduce exploitation by:

Asking for the previous selling price and comparing across sellers.

Signaling willingness to switch if the price is unfair.

Checking online prices, reviews, or multiple shops to reduce information asymmetry!

Government can also reduce information asymmetry by formalizing markets, which improves record-keeping, transparency, standardization, and contract enforcement. Clear, fair, and incentive-based tax systems encourage voluntary compliance, provide access to credit, legal protection, and government contracts.

The government may invest ₦100 million in upgrading informal markets in Kano, Lagos, and Port Harcourt and taxing ₦20 million annually per market allows the government to recover costs within five years while boosting GDP and creating jobs.

Without incentives, multiple overlapping taxes increase compliance costs and deepen informality. Corruption, waste, and misuse of funds reduce citizen trust. Transparent, fair, and accountable government policies promote efficiency, formalisation, and market growth, while distrust, overconfidence, and policy failures harm the economy.

Ibrahim is a graduate of Economics from Bayero University, Kano and can be reached via nasirfirji4@gmail.com.

By Abdullahi Mukhtar Algasgaini

President Bola Tinubu has ordered an immediate suspension of the new cashless payment system at airport toll gates nationwide, citing widespread chaos that has caused numerous passengers to miss their flights.

The decision was announced on Wednesday by the Minister of Aviation and Aerospace Development, Festus Keyamo, following the Federal Executive Council meeting at the State House, Abuja.

Keyamo stated that the President intervened out of concern for the welfare of citizens, who have faced hours-long delays due to severe gridlock at the access roads to major airports.

“Mr. President was very concerned about the welfare of Nigerians and the fact that most Nigerians were losing their flights,” Keyamo told reporters. “So Mr. President, out of empathy, directed today that we suspend the present system because it creates a lot of gridlock, and Nigerians are suffering as a result of it.”

The cashless policy, implemented less than a week ago by the Federal Airports Authority of Nigeria (FAAN), was designed to eliminate corruption and optimize revenue collection after more than 50 years of cash transactions. It required motorists to use prepaid cards or electronic payments at toll gates.

However, the transition was plagued by bottlenecks, leading to massive traffic congestion—particularly at the Lagos and Abuja airport toll gates. Videos on social media showed queues stretching for kilometres, forcing travellers to depart for the airport hours earlier than usual.

While reaffirming the government’s commitment to a cashless system, Keyamo clarified that the President’s directive prioritises public convenience over the immediate elimination of cash.

“The major reason why Mr. President took this decision is to eliminate the present gridlock… not that the President is happy with the cash system,” the minister explained.

In the interim, a hybrid system will be implemented, allowing for both cash payments and the use of FAAN cards already purchased by motorists. The minister revealed that the government will now engage private sector participants to develop a more seamless electronic system that prevents future traffic disruptions.

“Mr. President said if we have to pay commission, we have to pay commission, but we’ll bring in private sector participants to help us devise a much more efficient payment system that will still eliminate cash at the gate,” Keyamo stated.

He added that the President has ordered a swift resolution and has directed the ministry to report back to him on the progress of a new, more efficient system.

By Uzair Adam

The Nigerians in Diaspora Commission (NiDCOM) has said it has not received any distress call from Nigerians residing in Iran despite the escalating hostilities involving Iran, the United States and Israel.

The clarification comes as the Federal Ministry of Foreign Affairs disclosed that it is closely monitoring developments in the Middle East.

NiDCOM’s Director of Media and Public Relations, Abdur-Rahman Balogun, speaking on Monday, explained that although Nigerians may be living in Iran, none has formally contacted the commission to request assistance.

“I’m not saying there are no Nigerians there, I’m only saying nobody has sent any distress call,” he said.

Balogun attributed the cancellation of flights to the region to the ongoing hostilities, noting that airlines would not operate in an active war zone.

He added that temporary ceasefires are sometimes arranged to allow stranded passengers to be evacuated, but such an arrangement has yet to take place.

On the possibility of an evacuation, he said the Federal Government would only activate a full-scale operation when specific conditions are met, including an official request for help from affected citizens.

“You cannot force them. People went there voluntarily. In Sudan and Ukraine, some initially said they were not leaving,” he explained.

He stressed that Nigerians who desire evacuation must clearly indicate their willingness to return home. “People must seek help and say, ‘Our lives are in danger, can you evacuate us?’” he said.

According to him, once a formal request is made and the situation permits safe movement, the government could initiate emergency steps such as chartering aircraft and setting up a rescue committee.

“All must be Nigerian and must be ready to come back home,” he stated.

Balogun reaffirmed that safeguarding Nigerians abroad remains a key responsibility of the Federal Government under its citizen diplomacy policy.

He assured that if any Nigerian’s life is threatened and a request for assistance is received, authorities would explore available options, including leasing aircraft if necessary.

However, he maintained that evacuation would be impracticable without a ceasefire and the reopening of airspace, stressing that international aviation protocols must also be respected.

“As far as I know, I’m not aware that anybody has sent a distress call,” he reiterated.

By Sabiu Abdullahi

Troops of the 35 Artillery Brigade have intercepted 296 large wraps of substances believed to be Cannabis Sativa along the Abeokuta–Igboora Road in Ogun State.

The operation took place at about 4:30 a.m. on March 1, 2026, after the troops received credible intelligence about the planned movement of suspected illicit drugs along the route. Acting swiftly on the information, the soldiers moved to the area and stopped a motorcycle without a registration number.

During a search, the troops discovered 296 large wraps of substances suspected to be Cannabis Sativa, also known as Indian hemp. The items were hidden inside three large sacks. The suspect reportedly abandoned the motorcycle and escaped into a nearby bush under the cover of darkness.

The seized exhibits have been handed over to the National Drug Law Enforcement Agency (NDLEA), Ogun State Command, for further investigation and necessary action.

The 35 Artillery Brigade reiterated its determination to rid Ogun State of drug trafficking and other criminal activities. The Brigade warned individuals involved in illegal trade to embrace lawful means of livelihood or face the consequences of security operations.

It also reassured residents of Ogun State of the Nigerian Army’s continued commitment to safeguarding lives and property. The Brigade stated that troops will sustain a strong presence across the state to ensure that criminal elements do not operate freely.

The statement was signed by Major IderegHI Samuel Akari, Assistant Director, Army Public Relations, 35 Artillery Brigade, and dated March 2, 2026.