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NDDC Unveils Naval Facilities To Boost Region’s Security 

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The Niger Delta Development Commission (NDDC), has demonstrated its commitment to partnering security agencies to maintaining peace and stability in the Niger Delta region by unveiling a state-of-the-art strategic naval facility in Ayakoro, Ogbia Local Government Area of Bayelsa State.
The facilities, inaugurated at the Naval Base, recently, stood as a bold testament to the commitment of the NDDC to strengthening security infrastructure and partnerships for sustainable peace and development across the Niger Delta region.
The landmark initiative highlights the NDDC’s unwavering commitment to regional development and its support for security agencies in the protection of the nation’s waterways.
Managing Director, NDDC, Dr Samuel Ogbuku, stated that the new facilities are not just projects; they are symbols of collaboration between the commission and the security agencies.
Ogbuku said “Boosting the capacity of the Naval Base is critical to ensuring maritime security, safer waterways and improved socio-economic activities in the coastal communities. A well-fitted operational base will serve as both a security hub and a catalyst for community development.”
Ogbuku assured the Commission’s continued  support to security agencies in securing the waterways and in boosting the country’s emerging blue economy.
He said “President Bola Ahmed Tinubu is committed to the peace and development of the Niger Delta region, and he has given us a matching order to embark on legacy projects that will stand the test of time and impact lives in the region. We cannot achieve this if there is no peace.”
“For us in NDDC, we will continue to collaborate with the security agencies to ensure that there is sustainable peace that will usher in development. The security forces have made so many sacrifices to ensure the safety of the region, and we will complement their efforts by executing legacy projects.”
“This facility serves as a testament to our dedication to partnering with security agencies to safeguard our waterways, enhance oil production, and stimulate regional development.”
Ogbuku acknowledged President Tinubu’s steadfast support, which he said has significantly enhanced the NDDC’s capacity to execute impactful projects in line with its mandate to transform the Niger Delta region.
Ogbuku pointed out that under the leadership of the current Board and Management, the Commission has demonstrated a commitment to achieving the Renewed Hope Agenda of President Tinubu, who is concerned about the development of the Niger Delta region.
He observed that President Tinubu’s administration has provided crucial support and played a complementary role in enabling the NDDC to carry out projects such as the newly unveiled state-of-the-art strategic naval location in Ayakoro.
“Those are part of the legacies we want to leave behind. We plan to commission many projects in commemoration of our second anniversary as the board of the seventh Governing Board of the NDDC.
“For this particular project, the Nigerian Navy will be the primary beneficiary, and it will also benefit the citizens of the Niger Delta and the community where the project is located.
Giving a brief overview of the projects, the NDDC Executive Director of Projects, Dr Victor Antai, listed the various facilities handed over to the Navy.
“They are: a fully furnished administrative block; a furnished accommodation block; a furnished 40-man houseboat with two units of 100kva generators and two units of gun boats powered by 200 Hp units of Yamaha engines each.
“The package includes several hectares of land donated by the Ayakoro community to the Nigerian Navy to build a Navy school; a 60kVA solar inverter installed in the administrative and accommodation blocks, as backup power; a 30kVA solar inverter installed in the 40-man houseboats as backup power; a full-option Toyota Hilux vehicle for operational use and a newly built operational floating jetty”, he said.
The Commander of Operation Delta Safe, Rear Admiral Noel Madugu, stated that the operational facilities handed over by NDDC would bolster the Nigerian Navy’s presence and security operations.
He commended the NDDC for the pioneering initiative, noting that the facilities would enhance maritime surveillance and improve operational responses to combat illegal activities in the region’s waterways.
He stated, “The event we are witnessing today is a testament to the existing close collaboration between the NDDC and the Nigerian Navy, which is geared towards addressing maritime security challenges in the region.
“I commend the vision and commitment of the leadership of the NDDC for citing the security project at Ayakoro with a view to addressing security challenges associated with the maritime environment in the region.”
“The Navy will spare no effort to ensure that the objectives for which the security projects are provided will be fully realised.”
Madugu solicited community support in intelligence sharing to improve the operational effectiveness of the Nigerian Navy.
In his remarks, the Bayelsa State Governor, Senator Duoye Diri, stated that the Niger Delta region contributes substantially to Nigeria’s foreign exchange earnings, noting that it was evident that most of Nigeria’s maritime domain and international coastline outside of Lagos, all of which are within the Gulf of Guinea, are in the coast of the Niger Delta.
Governor Diri, represented by Brigadier General Eric Angaye (Rtd.), stated that the Niger Delta region was critical to Nigeria’s oil economy.
While praising the NDDC’s efforts to drive socio-economic development and infrastructure growth in the region, the governor urged communities in the Niger Delta to collaborate with and support security agencies in protecting economic assets and investments.
In his words, “I urge traditional rulers, community youth leaders, and other stakeholders to work with the Navy and other security forces to build trust, reevaluate tensions where they exist, and channel the energy of the youths into constructive programmes.”
The Acting Paramount Ruler of Ayakoro, Chief Micah Etebi, affirmed that the projects handed over to the Navy were testaments that the NDDC is impacting the people of the Niger Delta region.
The monarch thanked Ogbuku and the NDDC, describing the facility as a blessing with the potential to bring substantial benefits to the community.
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FG Begins South-West Tour To Promote New Cooperative Bank

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The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
 Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted  the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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Customs Impound N2.35bn Cocaine, 15 Trailers of Rice

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The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘A’, Ikeja, has impound Cocaine Substance valued at ?2.35 billion alongside 15 trailer-loads of foreign rice and a wide range of contraband across the South-West.
This was disclosed to Newsmen during a press briefing in Lagos by Controller of the Unit, Comptroller Gambo Aliyu,
Aliyu revealed that the seizures were made over an eight-week period, underscoring intensified enforcement efforts.
According to him, operatives foiled 473 smuggling attempts within the period, leading to the confiscation of 8,794 bags of 50kg foreign rice, 22 used vehicles, 328 bales of used clothing, and 31,705 litres of Premium Motor Spirit (PMS).
He said other seized items include a Mercedes-Benz vehicle and various food products such as poultry, vegetable oil, spaghetti, and sugar.
Aliyu clarified that the rice displayed at the briefing represented cumulative interceptions made at different locations and times across the zone.
“All the rice you see here are accumulative of seizures carried out at different places, at different times, and through different interdictions,”
Beyond the economic implications, the Comptroller emphasized the social cost of drug trafficking, warning that narcotics continue to destroy families and fuel criminal activities.
“It may surprise you to know that many homes are broken due to drugs.
” Our mandate is to cut off the supply chain, and that is exactly what we are doing,”.
Similarly Customs operatives at the Gbaji outpost intercepted a 71 year-old suspect along the Lagos-Abidjan corridor with 6.35kg of cocaine concealed in a Toyota Highlander.
The drugs, comprising both powdered and crystalline forms, were valued at ?2.35 billion.
Under a special enforcement drive, codenamed “Operation Hawk,” the unit also seized 3,340 parcels of synthetic cannabis, popularly known as “Ghanaian loud,” weighing 1,540kg.
 The substances, along with three suspects, have been handed over to the National Drug Law Enforcement Agency (NDLEA) for further investigation and prosecution.
In a related operation, officers intercepted four cylinders of mercury hidden in a vehicle along the same corridor. Aliyu described the substance as hazardous and subject to international regulation.
Overall, the Duty Paid Value (DPV) of the seizures stands at approximately ?5.5 billion, reflecting the scale of enforcement activities.
 Additionally, the unit recovered ?97.7 million through Demand Notices issued on under-declared consignments.
Aliyu reaffirmed the Service’s commitment to deploying modern technology—including geospatial intelligence, drone surveillance, and real-time tracking—to strengthen border security and clamp down on smuggling networks.
CHINEDU WOSU
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Dangote,  Nicolai Tangen To Partner In strategic sectors

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Chief Executive Officer of Norges Bank Investment Management, Nicolai Tangen ( manager of the world’s largest sovereign wealth fund) has expressed interest in partnering with Dangote Group to expand investments across Africa, particularly in strategic sectors such as power, energy, renewable energy, agriculture, fertiliser and cement.
This was made known during a meeting of Chief Executive of Dangote Group, Aliko Dangote  with Nicolai Tangen, the manager of Norwegian investment institution (with assets estimated at about $1.9 trillion) .
Also present at the meeting were Svein Tore Holsether, Chief Executive Officer of Yara International, and Terje Pilskog, Chief Executive Officer of Scatec, a global renewable energy company.
The engagement reflects growing international investor confidence in Africa’s industrial and infrastructure potential, as well as the increasing role of indigenous conglomerates such as Dangote Group in driving large-scale economic transformation across the continent.
Industry observers say the proposed collaboration could create significant opportunities for investments in critical sectors linked to energy transition, food security, industrialisation and infrastructure development.
The Norwegian sovereign wealth fund, regarded as one of the world’s leading institutional investors, has in recent years increased its focus on emerging markets, with Africa seen as a major frontier for long-term investment and value creation.
Analysts believe a partnership between Norges Bank Investment Management and Dangote Group could unlock substantial capital flows into infrastructure and industrial projects across Africa, helping to accelerate economic growth and regional integration.
Nkpemenyie Mcdominic, Lagos
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