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Editors Conference: Economy / Security and Media Industry’s Challenges Top Conversations

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▪︎President of the Nigerian Guild of Editors (NGE), Eze Anaba, Vice-President Kashim Shettima.

Vice-President Kashim Shettima, Governor Douye Diri of Bayelsa State, Minister of Budget & Economic Planning, Atiku Abubakar Bagudu; Minister of Information and National Orientation, Mohammed Idris; National Security Adviser (NSA), Nuhu Ribadu, and President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, will lead conversation on economy and security, as the 20th edition of All Nigeria Editors Conference (ANEC) starts on Wednesday in Yenagoa, the Bayelsa State capital.

In a statement on Sunday and signed by the President of the Nigerian Guild of Editors (NGE), Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, said that while Shettima, Diri, Bagudu, Idris, Ribadu, and Oye of NACCIMA will lead discussions on Economy/Security, Amuka, Osoba, Obaigbena and Aigbogun are to address media’s challenges.

“The Chairman/Editor-In-Chief, THISDAY/Arise Media Group, Prince Nduka Obaigbena, will chair the conference.

“Former Governor of Ogun State, Aremo Segun Osoba; Founder/Publisher of Vanguard Newspaper, Uncle Sam Amuka; Publisher, BusinessDay, Frank Aigbogun; Senior Vice Chairman/Editor-In-Chief, LEADERSHIP Newspaper Group, Azu Ishiekwene and other media experts will speak on strategies for viable/sustainable media financing, opportunities and challenges in Al-generated storytelling, and other emerging issues in global journalism practice’’, the NGE added.

The Guild further explained that some critical institutions – in private/public, and Non-Governmental Organisations will also be making presentations at the annual conference scheduled for November 7-9.

Giving the background to this year’s ANEC, which will attract over 350 editors and media executives across the country, the NGE explained that since the present government came on board on May 29, 2023, its agents had consistently argued that the federal government had been pursuing audacious reforms to reconstruct macro-economic situations it met on ground, for stability and development.,

‘’Their argument is that the petrol fiscal subsidy was moderately jettisoned initially, and foreign exchange reforms had led to the unification of the markets and a market-reflective exchange rate.

Justifying the conference’s theme, ‘’Economic Growth and Development Strategies in Resource-Rich Country’’, the NGE said while the poverty rate is put at about 40 % – with an estimated 88 million Nigerians living below the poverty line

‘’They have also argued that in order to assuage the inflationary effects of these reforms on the most vulnerable, the government had been implementing temporary cash transfers to reach over 15 million households, with efforts also being made to tighten monetary policy and refocus the Central Bank of Nigeria (CBN) on its core mandate of maintaining price stability.

‘’However, in spite of these efforts by the federal government and having the largest economy and population in Africa, many experts say that Nigeria offers limited opportunities to most of its citizens, especially as Nigeria is currently ranked the 7th lowest human capital index in the world, and weak job creation while many workers choose to emigrate in search of better opportunities.’’

Justifying the conference’s theme, ‘’Economic Growth and Development Strategies in Resource-Rich Country’’, the NGE said while the poverty rate is put at about 40 % – with an estimated 88 million Nigerians living below the poverty line – the exchange rate, inflation and swelling energy prices remain huge concerns to many Nigerians and global community.

‘’To address these economic challenges and achieve development, there is a near consensus among all stakeholders that Nigeria needs to push for a wide-ranging and comprehensible set of policies and strategies that will address both the short-term and long-term issues’’, the NGE added.

On media viability and sustainability, the professional body of editors stated that there is a growing view that media stakeholders should come out with mechanisms to support the media industry – for individual publishers and the sector as a whole, by ensuring they receive fair compensation for the use of their intellectual property and content.

In the statement, ‘’The argument is that mechanisms should adjust to evolving market conditions and boost the likelihood that publishers can build diverse revenue streams.

‘’It is within this context that this year’s ANEC will focus on strategies and policies aimed at addressing the challenges of the nation’s economy and the media space.

Key experts, actors and players – from various sectors – will be invited to start conversation on the best possible way out of these challenges.’’

The annual conference, which was initiated in 2004, will also witness the induction of 12 new editors. For: Nigerian Guild of Editors

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Fire at Lagos’ Murtala Muhammed International Airport Terminal 1 Brought Under Control

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…..All Control Tower Personnel Safely Rescued.

A fire outbreak at Terminal 1 (also referred to as the old international terminal) of the Murtala Muhammed International Airport (MMIA) in Lagos has been successfully contained, according to officials from the Lagos State Fire and Rescue Service.

The blaze, which originated from the IT server room on the third floor of a five-storey building near the E-wing of the departure lounge, prompted a swift multi-agency response involving the Lagos State Fire and Rescue Service, the Federal Airports Authority of Nigeria (FAAN), and other emergency teams.

Controller General Margaret Adeseye of the Lagos State Fire and Rescue Service confirmed in an official update that the fire is now under control. Critically, all 12 personnel in the control tower were rescued alive and uninjured, with no one left trapped in the incident.

“Further updates will be made available in due course,” Adeseye stated.

Related reports from FAAN indicate that a crane was deployed to aid in the rescue efforts at the control tower, where up to 14 individuals were initially reported as trapped in some accounts. All have since been safely evacuated. While some sources mention minor injuries (such as six individuals in stable condition), the primary update from the fire service emphasizes no serious harm to the control tower staff and no fatalities.

The incident led to temporary disruptions, including the closure of the Lagos airspace and suspension of flights at the airfield, as a precautionary measure. Authorities are working to restore operations, potentially through a temporary control tower setup.

The cause of the fire remains under investigation, with preliminary indications pointing to the server room as the origin. The affected terminal, which has been undergoing renovations, saw emergency evacuations and containment efforts to prevent spread to other sections.

No lives were lost in the incident, and emergency operations continue to monitor the site for full safety. Airport authorities and emergency services have commended the coordinated response that minimized risks to personnel and infrastructure.

Travelers are advised to check with airlines for updates on flight statuses amid the ongoing recovery efforts.

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Lagos increases BRT fares by 13%

In a statement by LAMATA’s Head of Corporate Communication, Kolawole Ojelabi, the revised fare structure will take effect from Monday, March 2, 2026.

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The Lagos State Government has approved a 13 percent increase in fares across all services under the Bus Reform Initiative, which includes the Bus Rapid Transit system and standard bus routes throughout the state.

Governor Babajide Sanwo-Olu granted the approval after receiving a passionate appeal from regulated public transport operators.

He highlighted the mounting challenges facing the long-term viability of their operations in Nigeria’s current economic climate.

In a statement by LAMATA’s Head of Corporate Communication, Kolawole Ojelabi, the revised fare structure will take effect from Monday, March 2, 2026.

“The adjustment is designed to help offset the severe impact of ongoing economic pressures on public transport providers.

It also aligns with the state’s previously established annual fare review mechanism. The urgency of the measure is driven by persistent inflationary trends.

The statement added that bus operating companies have been contending with sharply rising expenses in several key areas, including vehicle maintenance and repairs, imported spare parts, and staff salaries, particularly following the rollout of the new national minimum wage.“

In addition, operators are committing significant resources to fleet renewal, procuring newer, cleaner, and more fuel-efficient buses to boost passenger comfort, maintain high service standards, and advance environmental sustainability goals in Lagos.

It also aligns with the state’s previously established annual fare review mechanism. The urgency of the measure is driven by persistent inflationary trends.

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Fire Engulfs MMIA Terminal One, but no casualties

Eyewitnesses said that the blaze started on one of the affected floors before spreading to adjoining sections of the terminal.

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Photo credit: Lagos State Fire Service

A fire has broken out on parts of the fourth and fifth floors of Terminal One at Murtala Muhammed International Airport in Lagos, triggering an emergency response and temporary disruption of flight operations.

Eyewitnesses said that the blaze started on one of the affected floors before spreading to adjoining sections of the terminal.

The impacted areas have since been evacuated as a precautionary measure.

Air Traffic Controllers stationed in the control tower were alerted to the incident and are reported to be safe, though closely monitoring the situation as emergency teams work to bring the fire under control.

As a result of the development, inbound flights to Lagos from other airports have been instructed to delay departure until the situation stabilises.

Aircraft already approaching Lagos may be required to remain airborne until clearance is given to land.

Fire and rescue officials of the Federal Airports Authority of Nigeria (FAAN) are currently battling the blaze and intensifying efforts to contain it.

FAAN has confirmed that no casualties have been recorded at this time. Authorities say further updates will be provided as more details emerge.

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