News
Media Owners Requesting Tax Relief for Sustainability of The Industry
The 20th All Nigeria Editors Conference (ANEC) in Yenagoa, the Bayelsa State Capital, rounded off with a shared commitment from Nigerian media proprietors, media executives and editors to promote responsible journalism, support economic growth, and defend press freedom and democracy.
The media industry leaders also called on the federal government to urgently mitigate the negative impact of fuel subsidy removal and the exchange rate volatility on the economy.
Noting the economic constraints and rising operational costs, the Guild also urged the federal government to consider subsidies or tax relief to help media houses cope with the current challenges.
In a communique signed by the NGE President, Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, the professional body of editors and media executives, said that while it recognizes the potential long-term benefits of the federal government’s reforms, the immediate economic strain on all sectors, especially the media, is becoming unbearable and unhelpful to the economic growth as well as media sustainability and viability.
The Guild therefore called for targeted relief measures to ease the burden on citizens and businesses alike. On the sustainability of media revenue models, the Guild advocated for innovation in revenue generation beyond traditional advertising.
‘’Media owners are encouraged to invest in quality journalism, embrace digital platforms, and offer premium content to ensure financial sustainability.
In a communique signed by the NGE President, Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, the professional body of editors and media executives, said that while it recognizes the potential long-term benefits of the federal government’s reforms, the immediate economic strain on all sectors, especially the media, is becoming unbearable and unhelpful to the economic growth as well as media sustainability and viability
‘’Concern over the rise in harassment and violence against journalists was also prominent at the conference. And we called for stricter enforcement of journalist protection laws and urged media houses to provide safety training for their staff, especially those covering sensitive issues’’, the editors added.
Reaffirming the importance of ethical journalism, media proprietors were urged to maintain high standards of professionalism, saying adhering to these standards is essential for building public trust and countering pressures that threaten press freedom.
The Guild also urged the federal government to create a media-friendly environment by reviewing policies that affect operational costs, and consider tariff reductions on essential media equipment.
According to the NGE, ‘’There was a strong recommendation at the conference that the media proprietors should invest in digital transformation, enhance content delivery, and train staff in digital skills, like data journalism and multimedia production to adapt to Nigeria’s increasingly digital audience.
‘’There was also call for the Guild to encourage greater collaboration among the media organizations, NGOs, and civil society to advocate for press freedom, and emphasized that unity is essential in confronting restrictive laws and policies.’’
The ANEC also discussed the outcome of a conference titled “The Big Tech and Journalism – Building a Sustainable Future for the Global South, which was held last year in Johannesburg.
The conference, which brought together over 70 journalists, news publishers, media organisations, including Nigerian Guild of Editors, scholars, activists, lawyers, and economists from 24 countries discussed solutions to the crisis of the sustainability of journalism and its intersection with the role of major tech platforms .
According to the Guild, ‘’The conference culminated in the adoption of Big Tech and Journalism: Principles for Fair Compensation (the Principles).
The Principles are intended to be universal, serving as a framework for any country seeking to address media sustainability through competition or regulatory approaches, while enabling adaptation to the unique context.’’
The ANEC, therefore, resolved to use the Principles and hoped that the Principles will represent an important step forward in addressing Nigerian media sustainability in ‘’the tumultuous era of Big Tech.”
The ANEC also expressed concern over the gagging of Nigerian press, especially online platforms, with obnoxious laws and resolved to compile all the anti-media laws and forward it to the National Assembly to begin the process for repeal or amendment.
The Guild expressed its gratitude to Governor Douye Diri of Bayelsa State, members of the Bayelsa State Executive Council, and traditional rulers for their hospitality and support.
Their contributions, according to the Guild, were instrumental in facilitating a successful conference and demonstrated Bayelsa’s commitment to fostering national dialogue and media development.
News
BREAKING: President Tinubu Signs Electoral Act Amendment Bill into Law Ahead of 2027 Polls
President Bola Tinubu on Wednesday, February 18, 2026, signed the Electoral Act, 2022 (Repeal and Re-Enactment) Bill 2026 into law at the Presidential Villa, Abuja, around 5:00 p.m., finalizing sweeping changes to Nigeria’s electoral framework just days after the National Assembly passed the harmonized version and following the Independent National Electoral Commission’s (INEC) release of the 2027 election timetable.
The ceremony was attended by principal officers of the National Assembly, marking a swift assent to the legislation that repeals the 2022 Act and enacts fresh provisions to govern federal, state, and FCT elections.
Key highlights of the new law include a hybrid approach to result transmission: mandatory electronic upload of polling unit results to INEC’s IReV portal where feasible, with manual collation retained as a fallback option in cases of network failures, technical glitches, or other disruptions a provision that sparked intense debate and opposition protests during legislative proceedings.
The Senate’s passage on Tuesday featured a dramatic division vote on Clause 60(3), with 55 lawmakers supporting the retention of the manual proviso against 15 opponents, largely from opposition parties.
The House of Representatives saw rowdy sessions, opposition walkouts, and chants of “APC, ole” (thief) in protest over what critics called a dilution of full electronic transmission.
Other notable amendments include adjustments to election timelines (reducing the mandatory notice period to align with the 2027 calendar, avoiding overlaps with Ramadan), provisions on party primaries (emphasizing direct primaries while allowing consensus in some cases), and clarifications aimed at enhancing procedural efficiency for the February 20, 2027 presidential and National Assembly elections, and March 6 gubernatorial and state assembly polls.
The signing has reignited nationwide controversy. Opposition figures and civil society organizations have condemned the hybrid transmission clause as a step backward from transparency gains in the 2022 Act, warning it could enable manipulation and erode public trust. Former INEC Resident Electoral Commissioner Mike Igini had urged Tinubu not to assent, describing the bill as a “recipe for chaos” that favors elites over voters.
Supporters, including ruling APC lawmakers, argue the changes provide necessary flexibility for Nigeria’s diverse terrain and infrastructure challenges, ensuring elections proceed smoothly even in remote or poorly connected areas.
INEC is expected to issue guidance on implementing the new provisions soon, as preparations intensify for the 2027 general elections.
The development follows months of legislative back-and-forth, public hearings, and heated plenary sessions, underscoring deep divisions over electoral integrity in Africa’s most populous democracy.
President Tinubu’s swift assent has drawn mixed reactions on social media and among stakeholders, with calls for judicial challenges already emerging from critics who view the law as undermining the push for fully digital, tamper-proof elections.
News
Gas Leaks Kill 37 Miners in Plateau, 25 Hospitalised
The miners were said to have inhaled the gas while carrying out their activities underground. Most of the victims were young men between the ages of 20 and 35 who had been engaged in routine mining operations at the time of the incident.
At least 37 miners have reportedly died after being exposed to carbon monoxide while working at an underground mining site in Zurak, Wase Local Government Area of Plateau State.
Eyewitnesses said the incident occurred in the early hours of Tuesday as the miners were extracting zinc.
During the operation, toxic gas reportedly filled the tunnels, leading to a collapse within the mining site.
The miners were said to have inhaled the gas while carrying out their activities underground. Most of the victims were young men between the ages of 20 and 35 who had been engaged in routine mining operations at the time of the incident.
Twenty-five other miners who survived the exposure have been taken to a nearby health facility, where they are currently receiving medical treatment.
Confirming the incident, the Executive Chairman of Wase Local Government Area, Hamisu Anani, described the deaths of the young men as worrisome and tragic, especially as they occurred during the holy month of Ramadan, when many Muslims are fasting and praying.
He stated that the mining site has been secured to prevent further casualties and to enable investigators to determine the exact cause of the gas leak.
He also appealed to the state and federal government to come to the aid of the victims and their families, noting that the incident has left a painful impact on the community.
The member representing Wase State Constituency said efforts are ongoing to support the victims, while investigations into the incident continue.
News
UBA UK targets closing $100bn Africa trade gaps
UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities.
UBA UK’s newly appointed CEO, Loknath Mishra, says that the bank is working hard to close Africa’s $100 billion trade finance shortfall by connecting more African businesses to global markets.
Mishra affirmed this during an appearance on Arise TV’s Global Business Report this week.
“UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities,”he said.
According to him, the global trade order is changing, and supply chains are being rewritten and Africa is increasingly becoming a reliable and strategic partner.
He emphasised that UBA has a significant role to play in ensuring Africa is connected to the globe, and UBA UK plays a critical role in providing hard-currency liquidity, structured trade finance and settlement services through London’s financial infrastructure.
He highlighted that several international banks are retreating from African markets, even as trade across the continent is projected to grow faster than in many other regions.
He noted that the bank’s presence across 20 African countries enables UBA to connect buyers and sellers seamlessly, while UBA UK ensures efficient foreign currency settlement and international trade structuring.
-
News3 days agoTinubu Commends Fintiri, Ribadu, Vows More Prosperity in Adamawa Visit (Video)
-
News2 days agoReverend Jesse Jackson, Iconic Civil Rights Leader, Dies at 84
-
Health2 days agoFederal Ministry of Health Orders Immediate Retirement of Directors After 8-Year Tenure
-
Business1 day agoFive Truths Dangote Tells FG About Industrialising Nigeria
-
Business20 hours agoDangote Forecasts Major Naira Appreciation to ₦1,100 per Dollar in 2026
-
Business1 day agoNRS Fixes 2028 for e- invoicing tax collections full takeoff
-
Politics2 days agoHouse Chaos: Speaker Overrules ‘Nay’ to Rescind Electoral Bill Amid E-Transmission Protests
-
Politics2 days agoPolitical thugs invades Ondo APC ward congress , beats chairman
