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CPPE Calculates Negative Effects of Presidential Pardons on the Economy and Investment

Dr Muda Yusuf, Director/CEO of CPPE, expressed concerns about the inclusion of individuals convicted of corruption, financial crimes, murder, drug trafficking, and illegal mining.

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The Centre for the Promotion of Private Enterprise (CPPE) is urging the Federal Government to urgently review and rationalise the list of individuals granted the prerogative of mercy by President Bola Tinubu, which includes both living and deceased Nigerians.

In a policy brief made available to our editor on Sunday, the CPPE asserted that while the prerogative of mercy is a legitimate constitutional tool, its application to serious economic and financial offences, as well as other criminal acts, requires utmost discretion, transparency, and alignment with Nigeria’s commitments to anti-corruption, drug control, and the sanctity of human life.

Dr Muda Yusuf, Director/CEO of CPPE, expressed concerns about the inclusion of individuals convicted of corruption, financial crimes, murder, drug trafficking, and illegal mining.

He stated, “Extending clemency and pardons to persons convicted of corruption, financial fraud, illegal mining, murder, and drug-related crimes has far-reaching economic and social consequences.”

He highlighted the following issues:

– Illegal Mining: It undermines legitimate enterprises, depletes national revenue, and fuels insecurity in mining communities.

– Corruption and Financial Crimes: These distort markets, weaken institutions, and discourage fair competition.

– Drug Trafficking: This tarnishes Nigeria’s global image, exacerbates insecurity, and imposes significant social costs.

Leniency toward financial and economic crimes erodes deterrence, weakens enforcement, and signals a tolerance for misconduct.

A lenient approach undermines respect for the law and the credibility of governance.

Damage to Investor Confidence

Investor confidence thrives on predictability, fairness, and justice. When individuals convicted of economic or financial crimes are pardoned, it raises concerns about policy consistency, the sanctity of contracts, and investment security, thereby discouraging both domestic and foreign investors.

Reputational and Governance Risks

Excessive clemency could reverse gains in governance credibility and reinforce perceptions of institutional weakness.

Such perceptions can negatively impact sovereign risk ratings, capital inflows, and the overall attractiveness of Nigeria’s investment climate.”

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IGP Disu Launches Nigeria Police Force Vigilant App, for Tracking Crimes

” The police cannot be everywhere at the same time, but through technology and partnership with the citizens, we can significantly expand our capability to prevent and respond to crimes,” he noted.

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The Inspector-General of Police, IGP Olatunji Disu, has launched the Nigeria Police Force Vigilant App as part of efforts to strengthen public engagement, internal communication and the fight against increasingly sophisticated crimes.

Disu also unveiled MTN Closed User Group (CUG) Network for strengthening communication among police commands, formations, divisions and specialised units nationwide.

Speaking during the launch ceremony in Abuja, IGP Disu said that the changing nature of crime and the speed at which information travels have made it necessary for the police to embrace technology.

The policing environment is changing rapidly. Crime is becoming more sophisticated. Information moves faster, and citizens increasingly expect public institutions to be accessible and respond to technology,”said Disu.

He explained that the Vigilant App was designed to improve communication between the police and members of the public by enhancing information sharing and citizen engagement.

The IGP urged Nigerians to use the platform responsibly to report suspicious activities, provide useful information and seek assistance when necessary .

Disu also charged officers managing the platform to operate with professionalism and integrity, stressing that information received through the system must be handled responsibly, investigated diligently and protected appropriately.

The police cannot be everywhere at the same time, but through technology and partnership with the citizens, we can significantly expand our capability to prevent and respond to crimes,” he noted.

Disu observed that effective communication often determines the success of operations, emergency responses and investigations.

“In policing, information delayed can be information lost,” the IGP declared.

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Edo Influential Politician, Daniel Orbih, dies at 64 •Obaseki mourns

Obaseki said Orbih’s contributions to Nigerian politics and the PDP remained significant, particularly during his years of service in Edo.

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•Chief Daniel Osi Orbih

Chief Daniel Osi Orbih, a chieftain of the Peoples Democratic Party (PDP) is dead, aged 64.

Orbih, known by his traditional title, the Kulukulu 1 of Ogoni Land and Oduma of Uzairue, reportedly died on Monday, 31st August 2026.

His death was confirmed in a statement issued by his family and signed by Francis Udukhomoi Orbih, Esq., on behalf of the Orbih family.

Orbih was born on the 27th of October, 1961, to Chief and Mrs M.C.K. Orbih of Ogbona in Etsako Central Local Government.

He ventured into politics in 1999, and was the deputy governorship candidate of the All Peoples Party (APP) in Edo State, describing Orbih as a prominent figure and influential voice in Edo politics.

Condolences

Former governor of Edo, Godwin Obaseki, lamented that Orbih ‘s death represents a significant loss to Edo.

Obaseki said Orbih’s contributions to Nigerian politics and the PDP remained significant, particularly during his years of service in Edo.

“For many years, he provided leadership to the Peoples’ Democratic Party (PDP) in Edo State as its State Chairman and subsequently served as the PDP National Vice Chairman, South-South.

“Through these roles, he contributed significantly to the development of the party in the Edo State and Nigeria, ” he said.

He emphasised that the former PDP chairman’s death represented a significant loss to Edo State and Nigeria, while commiserating with his family, friends and political associates.

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Death Toll in Nepal Floods Exceed 1,000

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The death toll from catastrophic flash floods along the Nepal-China border has surged past 1,000, authorities said Tuesday, as rescue teams continued searching through mud, debris and damaged hydropower tunnels nearly a week after the disaster.

Nepal’s National Disaster Risk Reduction and Management Authority reported 987 deaths in the country, with Chinese state media confirming 16 fatalities in Tibet, bringing the combined toll to more than 1,000. Around 3,900 people remain missing in Nepal, including 583 foreign nationals, while China has reported 546 missing.

The floods were triggered on August 26 by a glacial collapse near the border that sent a massive surge of water, ice, rock and debris racing down the Trishuli and Bhotekoshi river systems. Entire settlements were wiped out, roads and bridges destroyed, and multiple hydropower projects heavily damaged.

Hundreds of workers are still feared trapped in mud-filled tunnels at hydropower sites. Joint teams of Nepalese, Chinese, Indian and other international rescuers have so far pulled out more than 270 people from those sites, while overall more than 11,800 people have been rescued across the affected districts.

Chitwan district has recorded the highest number of recovered bodies, followed by Nawalparasi. Many victims remain unidentified, and authorities have begun mass burials while collecting DNA samples to help families identify the dead. Fresh flood alerts were also issued in several districts amid ongoing intermittent rain.

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