News
BREAKING: Hon Laoshe Repays N3,189,217.00 FG Student Loan to NELFUND

The Nigerian Education Loan Fund (NELFUND), on Tuesday, announced that Hon Lanre Laoshe, a former beneficiary of the Federal Government Student Loan Scheme, has graciously repaid his N1,200 student loan, received between 1976 and 1979, with the sum of N3,189,217.00.
In a statement on its official X handle, signed by Nasir Ayitogo For: Director, Corporate Communications, said that Hon Laoshe, a distinguished former member of the House of Representatives and a former Deputy Whip, who benefited from the defunct Federal Government Student Loan Scheme expressed his deep appreciation for the financial support he received from the Federal Government during his educational pursuit.
He stated that in order to determine the current equivalent of the N1,200 loan, he obtained a table of average annual exchange rates from 1972 to 1985 from sources at the Central Bank of Nigeria (CBN).
The table indicated that in 1979, the exchange rate was $1.00 = N0.596, meaning that the sum of N1,200.00 was equivalent to $2,013.42 at the time.
Using the current exchange rate of $1.00 = N1,583.98, Hon. Laoshe calculated that the equivalent amount today would be N3,189,217.00.
As a result, he issued a Polaris Bank Plc bank draft (No. 14670909) for this amount to NELFUND, marking his repayment as a token of gratitude to the Federal Government for the role it played in his educational journey.
This act of goodwill and integrity by Hon. Laoshe serves as an inspiring example of the impact that government support can have on individuals and highlights the importance of honoring one’s commitments.
NELFUND is deeply appreciative of Hon. Laoshe’s gesture and remains committed to supporting the educational aspirations of Nigerian students through its various programs.”
Crime
Plateau: Military Operation Neutralizes Bandits

Troops of the 3 Division of the Nigerian Army in conjunction with the Operation Safe Haven (OPSH) under Operation Lafiyan Jama’a have neutralized several bandits during joint operations in Bokkos Local Government Area of Plateau State.
A statement issued on Friday by the Defence Headquarters (DHQ) stated that the clearance operation which took place on Thursday, July 3, led to the killing of scores of bandits.
The statement reads: “In continuation of ongoing efforts to rid the Joint Operations Area (JOA) of criminal elements, troops of 3 Division/Operation SAFE HAVEN under Operation LAFIYAN JAMA’A have sustained aggressive kinetic operations in Bokkos Local Government Area of Plateau State, yielding commendable outcomes.
“On 3 July, 2025, troops carried out a clearance operation in the rugged terrains of Tulus and Hokk Communities, located along the Plateau–Nasarawa State border.
“During the mission, contact was made with armed militias in Hokk, leading to a brief but decisive firefight. Several bandits were neutralised, while others fled into surrounding forests.
“Troops conducted a thorough exploitation of the area and, though no further contact was established, have maintained control through mobile and static patrols to disrupt any regrouping attempts.
“These successful actions reaffirm the resolve of security forces to dismantle criminal syndicates and prevent the proliferation of illicit weapons threatening peace and security within the Joint Operations Area.”
Crime
JUST IN: Kidnapped Bayelsa Judge, Umukoro, regains freedom

After 13 days in captivity, Justice Ebiyerin Omukoro, a Bayelsa State High Court Judge, who was kidnapped by gunmen, has been released.
The judge was abducted on June 21, 2025, around 7pm by gunmen dressed in combat fatigue in front of a popular eatery at the Ekeki suburb of Yenagoa.
It was gathered that Justice Omukoro was released on Thursday evening and is still with security operatives.
News
Masobe Books to Publish Groundbreaking Essay Collection by Dr. Dakuku Peterside on Nigeria

Masobe Books, a leading publisher of Nigerian literature, today announced the upcoming release of a highly anticipated essay collection by Dr. Dakuku Peterside, a prominent figure in Nigerian public life.
The collection, which is titled: Beneath the Surface: Essays on Nigeria’s Chequered Journey, a powerful new work by renowned columnist and public policy expert, Dr. Dakuku Peterside.
Dr. Peterside, known for his contributions to policy, economics, and thought leadership, has compiled a series of essays exploring a range of critical issues facing the nation.
The collection is expected to delve into topics such as governance, economic development, social justice, national unity, security challenges, the future of democracy, and the role of youth.
“We are incredibly excited to be publishing Dr. Peterside’s work,” said [Name and Title of a Masobe Books representative, ideally the publisher].
“His deep understanding of Nigeria, combined with his clear and articulate writing style, makes this collection essential reading for anyone interested in the country’s present and future.”
Masobe Books anticipates that the collection will appeal to a broad audience, including policymakers, academics, students, and the general public.
Slated for publication in October 2025 under the publisher’s Makere imprint, the book promises to spark critical conversations about Nigeria’s past, present, and future.
Further details, including the title of the collection and planned promotional events, will be announced in the coming weeks.
Dr. Dakuku Peterside has a distinguished career, having served as a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), a former member of the House of Representatives.
He is widely respected for his expertise and contributions to national discourse.
The essay collection offers a panoramic exploration of Nigeria’s complex landscape—its economy, governance, youth energy, leadership challenges, and international standing.
Described as a “360-degree perspective” on the country’s evolving narrative, the book digs deep into the nation’s layered experiences and contradictions.
The book has already received high praise from thought leaders. Renowned Kenyan scholar, Professor P.L.O. Lumumba, hailed it as “a manual that every conscientious person in authority should read.”
Bishop Matthew Kukah called it “a window for future exploration of the options for a new Nigeria,” while Prof. Kyari Mohammed declared it “a must read for policy makers, academics and the general reader.”
Masobe Books has announced plans for formal launch events in Lagos and Abuja to accompany the book’s international and local release.
This marks Dr. Peterside’s third major publication, following Strategic Turnaround and Leading in a Storm.
For inquiries and updates, the public is encouraged to contact Theresa Ominiabohs at Masobe Books or visit www.masobebooks.com.
The publisher can also be followed on Instagram and Twitter via @masobebooksng.
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