News
Support Dangote Refinery to end fuel queues- Ex-NDIC boss
A former Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, says supporting the Dangote Refinery is crucial to mitigating the negative consequences of fuel scarcity.
He expressed this at the 2024 Mid-Year Enterprise Risk Management (ERM) Conference organised by the Association of Enterprise Risk Management Professionals (AERMP) in Lagos.
The event also featured the induction of new members into the emeritus category and newly qualified fellows and associates.
Ibrahim, inaugurated at the event as the Global Board Chairman of Emeritus, Risk and Compliance Professionals, will lead other members from the capital and money markets, insurance and financial services sectors.
Addressing the Dangote Refinery issue, Ibrahim called for collaboration and urged regulators to exercise caution to prevent risks to the public.
He emphasised the importance of supporting Dangote Refinery to operate optimally, noting that fuel queues had reappeared in Lagos, a development he described as “not a good sign”.
“I expect the regulator to exercise more caution even if the regulator has all the facts.
“Regulators should not take actions that could harm or de-market the institutions they regulate,” he said.
Ibrahim spoke on the themes: “Enterprise Risk Management Framework: Implementation and Global Best Practices in the Capital and Financial Markets”.
Mr Farouk Ahmed, Chief Executive Officer of the Nigeria Midstream and Downstream Petroleum Regulatory Authority, had earlier stated that locally refined products were of lower quality compared to imported ones.
In response, federal lawmakers set up a committee to investigate the allegations.
The former NDIC boss advised regulators to engage in self-regulation to maintain credibility and relevance while adopting measures against risks.
He called for accountability among regulators and stressed the need for collaboration among the banking and financial services sectors, media, legislature, and professional bodies.
He added that this would ensure the success of ongoing monetary policy reforms.
“The days of overbearing bank CEOs and chairmen are over, but we must all work together for financial stability.
“Regulators must be credible, fair, seek professionalism, and possess robust knowledge.
“Regulators must be subjected to scrutiny by all concerned parties, including operators, civil society, the National Assembly, and the media,” he said.
Mr Jamiu Badmus, an engineer and risk expert, highlighted the importance of mindset in achieving excellence across various sectors.
Badmus identified three key mindsets necessary to overcome challenges: the unbreakable mindset, customer-centric mindset, and collaborative mindset.
The consultant explained that a collaborative mindset goes beyond teamwork, requiring the integration of great ideas to achieve more.
He noted that one of the greatest challenges organisations faced was the misalignment between leaders and followers in turning challenges into opportunities.
“For every risk, if we look very well, there are opportunities,” he noted.
News
Be Patient With Us, Diri Tells Bayelsans … Inspects New 60mw IPP …Expresses Confidence In Technical Partners, BECL MD
News
Akpabio Withdraws All Defamation Suits After Priest’s Sermon
The Senate President, Senator Godswill Akpabio, has directed his lawyers to withdraw all ongoing defamation lawsuits against several individuals, saying he was moved by counsel during a New Year Mass.
Speaking at the Sacred Heart Parish in Uyo, yesterday, Akpabio said he had filed nearly nine lawsuits against individuals he accused of defaming him.
He said, “I had almost nine cases in court against some individuals who defamed me, who lied against me, who slandered my name.
“But I listened to the priest and suddenly realised he was talking to me, so I hereby direct my solicitor to withdraw all lawsuits against them.”
In 2025, Akpabio had filed several high-profile defamation lawsuits, including one against colleague Senator Natasha Akpoti?Uduaghan.
In late 2025, Akpabio filed a N200 billion defamation lawsuit against her over allegations of sexual harassment, which he denied and urged her to substantiate in court.
Earlier in the year, Akpabio’s wife also filed defamation suits against Akpoti?Uduaghan over claims she said had harmed her family’s reputation.
Relations between the two lawmakers soured after Akpoti?Uduaghan accused Akpabio of influencing her suspension from the Senate in March 2025, following her public allegations of misconduct.
The Senator had previously challenged actions taken against her in court, including a N100 billion defamation suit she filed against Akpabio and other defendants over alleged remarks that she said damaged her reputation.
With yesterday’s announcement, Akpabio has formally ended all pending legal disputes arising from defamation claims, signalling closure to the publicised litigations as the year begins.
News
‘Best Way To Show Gratitude Is To Deliver Tinubu in 2027’
Rivers State Governor, Sir Siminalayi Fubara, has declared that the best form of gratitude Rivers people owe President Bola Ahmed Tinubu for protecting the interest of the State is to galvanize massive support for the President in 2027.
Fubara disclosed this last Monday during the commissioning of Permanent Secretaries Quarters built by his administration at Elimgbu in Obio Akpor Local Government Area of the State.
He said that the State has what it takes to deliver the President during the 2027 general elections.
“We’ve taken a decision,our decision is for the good of Rivers State, our decision is to say thank you for the protection we have from Mr President, our decision is to prove that we have what it takes to deliver Mr President.”
Fubara expressed delight over the completion of the project, stating that the initiative was to provide accommodation, a basic need of life for public servants in the state to improve their productivity.
He explained that lack of effective social welfare was at the root of some incriminating actions that undermine the purpose of governance, noting that the commissioning of the newly built Permanent Secretaries Quarters marks a significant milestone in civil service welfare and institutional development.
“Insecurity begins when individuals are uncertain of what the next hour holds. This situation is especially challenging for family men and women, affecting confidence and decision-making,” he observed.
Fubara emphasized the need for proper maintenance of the facility and urged the beneficiaries to protect the project like a personal property, while directing the State Head of Service to appoint a facility manager to ensure long-term maintenance.
In her remarks, the Special Guest of Honour and Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, who unveiled the project, expressed appreciation to the governor and Rivers State for inviting her to commission the project.
She commended Fubara for prioritizing the welfare of Permanent Secretaries who are senior public servants and accounting officers, noting that the project reflects purposeful and visionary leadership, and urged other states to borrow a cue from the Rivers State Governor.
Walson-Jack described the initiative as a strategic investment in staff welfare and institutional continuity which she noted is in line with Renewed Hope Initiative on provision of mass housing and social stability.
“The commissioning of these houses reflect a deliberate commitment to the dignity, welfare, and productivity of senior public servants responsible for policy coordination and service delivery,” she said.
In his goodwill message, the National Secretary of the All Progressives Congress (APC), Senator Ajibode Bashiru, who led a high powered delegation on a visit to the governor, congratulated Rivers people for aligning with the Pan Nigerian political party, assuring that the interest of Rivers State will be duly protected in the APC.
He described President Bola Tinubu as a detribalised Nigerian who anchors his leadership on equity, fairness and justice, adding that the APC will provide a level playing ground for all.
The APC chief scribe also commended Fubara for providing good accommodation for public servants, stating that it will address issues of sabotage, compromise and disloyalty on the part of public servants.
Giving the project description, Permanent Secretary, Rivers State Ministry of Works, Dr. Austin Ezekiel-Hart, said the estate comprises 29 units, including nine standalone duplexes and 20 terrace buildings.
Facilities feature a water treatment plant, synchronized power generators, CCTV and alarm systems, a gym, recreational areas, and green spaces—designed to enhance comfort, performance, and productivity.
Earlier, the Head of the Rivers State Civil Service, Dr Mrs Inyingi Brown, had thanked the governor for his visionary initiative and unwavering commitment to the welfare of Rivers State Civil Servants, and restated the commitment of the State civil servants to the success of Fubara’s administration.
By: Taneh Beemene
-
Featured4 days agoFubara Redeploys Green As Commissioner For Justice
-
Sports1 day agoAFCON ’25: Osimhen Not Worried By Yekini Comparison, Pressure
-
Politics1 day agoYou Have No Power To Drop Me, Ekiti PDP Candidate Tells INEC
-
Sports1 day agoOgoni Nation Cup : Coach Praise Players In spite 2-0 Loss
-
Business1 day agoKALCCIMA PROMISES KALABARI ECONOMIC GROWTH, INAUGURATES NEW EXECUTIVES
-
Sports1 day agoRemo Stars set for Ikenne return
-
Sports1 day agoChelsea Set To Part Ways With Maresca?
-
Sports1 day agoSoname Calls For NPFL referees demotion
