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FAO To Focus On Strategic Objectives In Nigeria

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The FAO Country Office in Nigeria said it would from 2014 to 2017 focus on five strategic objectives anchored on the agency’s Global Corporate Strategic Framework.
The FAO Country Representative, Ms Louise Setshwaelo, told newsmen in Abuja that the objectives were contained in the FAO Country Programming Framework for Nigeria developed in 2012.
Setshwaelo said that the first objective was contributing to the eradication of hunger, food security and malnutrition.
“Nigeria is actually one of the countries recognised for reducing the proportion of people suffering from hunger, which is the Millennium Development Goal (MDG) 1.
“But we should not at the same time lose sight of the fact that even though at the national level we have managed to reach MDG 1, we still have in the country in some of the areas like the Northern Sahel states, we still have high levels of chronic malnutrition there.
“We still have high levels of acute malnutrition particularly in the under-fives, to an extent that some development partners are working there to address the acute malnutrition in children.”
The FAO representative explained that the essence of the first objective was to support the country to increase agricultural productivity and also put in place the strategies and policies that would facilitate the attainment of the objective.
According to her, such support will also enable the government and partners, including the private sector participants, to be able to support that objective of reducing hunger and poverty in the country.
The FAO representative said that the second objective entailed providing the enabling environment to ensure that the way natural resources were used did not lead to a degradation of the environment.
“This strategic objective is mainly looking at the way we use natural resources.
“How do we support countries to provide an enabling environment such that even though we want to increase agricultural productivity, it should be at a sustainable manner.
“We should not at the same time also be increasing degradation of the natural resources that we depend on particularly for agricultural production in improving food security.
“In this respect, we are also looking at the issue of climate change, the issues of governance in terms of access to these productive resources, issues of women, issues of access to land, issues of governance.
“When we look at the way we are exploiting our forests, are the governance structures which provide the regulatory framework in place.
“If they are in place, the implementation itself, the regulations, are they being observed? Are they being enforced?”

L-R: Chairman, Senate Committee on Education, Senator Uche Chukwumerije, Supervisory Minister of Education, Mr Nyesom Wike, Chairman, Nigerian Economic Summit Group, Mr Foluso  Phillips, Vice President Namadi Sambo, Director-General, Nigerian Economic Summit Group, Mr Frank Nweke Jnr., Supervisory Minister of National Planning, Amb. Bashir Yuguda, Executive Director, CNBC Africa, Bronwyn Nielsen, Vice President, Human Development, World Bank, Dr Elizabeth King and Board Chairman, West African Examination Council (WAEC), Prof. Pai Obanya, at the 20th Nigerian Economic Summit in Abuja, yesterday.

L-R: Chairman, Senate Committee on Education, Senator Uche Chukwumerije, Supervisory Minister of Education, Mr Nyesom Wike, Chairman, Nigerian Economic Summit Group, Mr Foluso Phillips, Vice President Namadi Sambo, Director-General, Nigerian Economic Summit Group, Mr Frank Nweke Jnr., Supervisory Minister of National Planning, Amb. Bashir Yuguda, Executive Director, CNBC Africa, Bronwyn Nielsen, Vice President, Human Development, World Bank, Dr Elizabeth King and Board Chairman, West African Examination Council (WAEC), Prof. Pai Obanya, at the 20th Nigerian Economic Summit in Abuja, yesterday.

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Withdrawal, Deposit Fees Changes From May 1, 2026 Still Stands – CBN … Declares 5 Banking Services Free

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The Central Bank of Nigeria (CBN) has said that the announced changes in fees attached to several everyday banking services, scheduled to take effect on May 1, 2026 has commenced.
The changes are contained in the apex bank’s revised Guide to Charges by Banks and Other Financial Institutions, which outlines consumer-focused reforms designed to improve transparency and reduce the burden of banking fees nationwide.
According to the document, which was signed by Dr. Rita Sike, the CBN’s Director of the Financial Policy and Regulation Department, the new changes affect account reactivation, ATM withdrawals on own bank networks, and virtual card issuance.
Following the changes made by  CBN, the five key banking services affected by the CBN’s update are in account reactivation and closure, under which banks are no longer allowed to charge customers for reactivating dormant accounts, while account closure also remains free.
The second change is that banks will now be required to provide monthly statement of account to their customers at no cost, and also ensure better access to financial information.
However, requests for printed statements outside the agreed standard format attract a maximum fee of N20 per page.
Thirdly, the CBN has introduced small inter-bank electronic transfers to promote digital payments and micro-transactions.
The implication is that, henceforth, transfers from N0 to N5,000 are free, transfers between N5,000 and N50,000 will attract a maximum fee of N10, while transfers above N50,000 are capped at N50.
The fourth change in the CBN update is in the use of own bank’s ATM (On-Us Transactions).
Here, withdrawals made from your bank’s ATM (on-us transactions) are free. Non-cash transactions, such as intra-bank transfers carried out at these ATMs, also attract no charges.
The fifth change is in virtual cards and PIN management in which banks are now required to issue virtual cards at no cost. In addition, PIN-related services, including PIN re-issuance and resets, are free for all customers.
The document further said the new charges guide, which aims to boost financial inclusion and reduce banking costs, updates the 2020 version to better align with current market realities, particularly the growing reliance on digital payments and mobile banking.
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Binani Air Commences Flight Operations May 10 in Nigeria

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Binani Air has announced the commencement of sales tickets on Monday, describing the development as a milestone that will improve the aviation sector and create jobs for the people in Nigeria, as head of its scheduled inaugural flight operations starts May 10, 2026,
In a statement issued by the head of corporate communications of the new airline, the move marks a significant milestone in the aviation sector.
She said this announces the transition from vision to operation as the airline moves closer to welcoming its first passengers on board.
Quoting the Chief Executive Officer of Binani Air, Aminatu Dahiru Chiroma, the Corporate communications officer said,”the commencement of ticket sales represents more than just access to flights. It reflects the airline’s readiness to deliver a new standard of air travel in Nigeria.
“Opening our ticket sales is a defining moment for us. It is the point at which our commitment becomes real for the travelling public. From this moment, we are not just preparing to fly—we are preparing to serve.
“Built on the principles of reliability, safety, and respect for passengers’ time, Binani Air enters the market with a clear focus on consistency and operational discipline.
“The airline is committed to delivering a travel experience that is both seamless and reassuring, particularly in a sector where trust remains critical.
“Passengers can expect a streamlined booking process, responsive customer engagement, and a service culture designed to prioritize comfort and professionalism from the very first interaction”.
Chiroma said as anticipation builds towards the inaugural flight, Binani Air invites travellers, corporate partners, and stakeholders to be part of this defining journey, one that seeks to reshape expectations and restore confidence in Nigerian aviation.
She said “bookings are available via the airline’s official website (www.binaniair.com) and authorised travel partners from 12 noon of 4th of May 2026.”
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DANGOTE Debunks Claims Of Rift With Tony

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The Dangote Group has dismissed as false and malicious publication alleging that its President, Aliko Dangote, distanced himself from fellow businessman Tony Elumelu.
In a statement issued by the company, the Group said it never made such claims and described the report as baseless and a deliberate misrepresentation of facts.
The statement was signed by the Group Chief Branding and Communications Officer of Dangote Industries Limited Anthony Chiejina.
The company also refuted assertions that the development of the Dangote Petroleum Refinery & Petrochemicals was financed through personal borrowing from friends.
It maintained that such claims are entirely inaccurate, stressing that Dangote does not fund projects through informal personal lending arrangements.
Addressing speculation about a fallout between Dangote and Elumelu, the Group clarified that both men maintain a longstanding and cordial relationship.
The statement further expressed concern over what it described as a growing trend of fabricated statements and the unauthorised use of Dangote’s name, image, and likeness in AI-generated advertisements and misleading content, warning that such actions could amount to fraud and reputational damage.
The company warned individuals and platforms involved in spreading false information to desist immediately, noting that it would take appropriate legal action where necessary.
The Dangote Group reiterated its commitment to maintaining high standards of integrity while continuing to promote industrialisation, economic self-sufficiency, and sustainable development across Africa.
Nkpemenyie Mcdominic, Lagos
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