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Mbah Links Enugu Infrastructures Commissioned by President Tinubu To $30bn Investment Drives

You’re a good thinker, Mbah. You’re my friend. We can go places together, building Nigeria, building the future, using technology to build and promote investment.

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Enugu State Governor, Peter Mbah says that the infrastructure projects commissioned today by President Bola Tinubu are aimed at growing the state’s economy from $4.4 billion to $30 billion.

President Tinubu inaugurated the completed International Conference Centre and the state-of-the-art Command and Control Centre with 150 patrol vehicles fitted with AI-embedded surveillance cameras for the Distress Response Squad.

Tinubu also commissioned 30 of the 260 Smart Green Schools, 60 completed Type 2 Primary Health Centres, and 19-kilometer Airport-New Haven – Bisalla and Okpara Square roads built by Mbah’s administration.

“Security remains at the core of our strategy to grow Enugu’s economy from $4.4 billion to $30 billion,” said Mbah.

Governor Mbah noted that businesses can manage financial and commercial risks, but security risks are a dealbreaker.

“We are proud and grateful to have Mr President in Enugu and have him inaugurate these roads and other projects, ” said Mbah.

President Tinubu lauded Mbah for the projects, and said: “Infrastructural development is a must to attract local and foreign investment, create jobs and give all a better tomorrow from today.

“You’re a good thinker, Mbah. You’re my friend. We can go places together, building Nigeria, building the future, using technology to build and promote investment.

“It is a great honour for me and I therefore, declare these projects inaugurated,” said President Tinubu.

▪︎Written by Ocheneyi Franklin

Business

NAFDAC Gives Conditions For Reopening Sealed Factories of Alcoholic Manufacturers

The reopening and continued opening of any facility shall be subject to:Full compliance with the nationwide recall directive. Payment of all applicable investigative charges and regulatory fees…

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• NAFDAC DG, Prof Mojisola Christianah Adeyeye

The National Agency for Food and Drug Administration and Control (NAFDAC) on Monday gave the conditions for the reopening of sealed factories of alcoholic beverages manufacturers nationwide.

At a press briefing in Lagos, the agency’s Director – General, Prof Mojisola Christianah Adeyeye, also directed the Distillers and Blenders Association of Nigeria (DIBAN), the Association of Food, Beverage and Tobacco Employers (AFBTE), and their member companies who have not comply with the ban on alcoholic beverages packaged in sachets and PET (plastic) bottles below 200ml to do so.

“Affected manufacturers are required to immediately commence a nationwide recall of all alcoholic drinks packaged in sachets and PET bottles below 200ml from distributors, warehouses, and other points within the supply chain and submit to the agency for destruction,” she said.

Emphasising on reopening sealed factories, she said: ” NAFDAC imposed investigative charges on defaulting companies found to have violated regulatory directives relating to the manufacture and distribution of alcoholic beverages in prohibited package sizes.

The affected companies are required to settle the applicable charges within the stipulated period and comply fully with all regulatory directives issued by the Agency.

The Agency wishes to emphasize that all recalled alcoholic products shall be subjected to inventory verification and destruction under NAFDAC supervision in accordance with the terms of the enforcement undertaking. Manufacturers shall bear the full cost of such destruction exercises.

Furthermore, before any sealed facility involved in the production of alcoholic beverages in sachets or PET bottles below 200ml can be reopened, NAFDAC will require satisfactory evidence that the production lines used for the prohibited package sizes have been dismantled, permanently disabled, or reconfigured to prevent the manufacture and packaging of alcoholic products in sachets and PET bottles below 200ml.

Such dismantling or reconfiguration shall be carried out under the direct supervision and verification of NAFDAC officers.

The reopening and continued opening of any facility shall be subject to:Full compliance with the nationwide recall directive. Payment of all applicable investigative charges and regulatory fees.Successful destruction of recalled products under NAFDAC supervision. Verification of the dismantling, reconfiguration, or decommissioning of equipment used for prohibited package sizes.Satisfactory inspection and certification by NAFDAC that the facility is compliant with all regulatory requirements.”

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Cybercriminals cloning DStv, other brands to steal bank accounts across Africa

According to cybersecurity company NordVPN, the campaign distributes Remote Access Trojans (RATs) and banking trojans, forms of malware that can give criminals control over infected devices and access to sensitive information.

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Cybercriminals are impersonating popular companies and government agencies across Africa in a campaign designed to take over smartphones and bank accounts.

More than 100 fake websites linked to the malware campaign have been identified since August 2025.

Brands including DStv, Takealot and South African Airways, as well as the South African Revenue Service (SARS), are being used to make fraudulent messages and websites appear legitimate.

According to cybersecurity company NordVPN, the campaign distributes Remote Access Trojans (RATs) and banking trojans, forms of malware that can give criminals control over infected devices and access to sensitive information.

The attacks are particularly concerning in South Africa, where Android dominates the mobile operating system market.

NordVPN said the attacks typically begin with social engineering, where criminals send convincing messages through SMS, WhatsApp or social media.

The messages may contain urgent offers or requests involving job opportunities, tax refunds, identity renewals or pension verification.

Victims are then directed to fake websites designed to closely resemble the official websites of trusted organisations.

The sites encourage users to download an Android application. Once installed, the malicious software can operate quietly in the background, including after the smartphone is restarted.

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Business

Cement price hits N16,000 per bag

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

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• Chairman of BUA cement, Abdul Samad Rabiu (ASR)

Cement dealers across Nigeria have announced fresh price increases, with a 50kg bag now selling for as much as N16,000 in some markets, up from N13,000 recorded by buyers just days earlier.

The current cement prices mark a steep rise from late 2024, when a bag sold for around N7,500.

By the third quarter of 2025, that had risen to about N9,000 before reaching the N12,000 to N16,000 range now seen across different locations.

Other building materials have followed a similar upward path. Blocks have climbed from around N600 to N1,100 each.

Sand has gone from N165,000 to N250,000 per 30 tonnes. Granite has risen from N530,000 to N780,000 per 30 tonnes.

Reinforcing steel now costs N1.15 million per tonne, up from N850,000.

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