News
OLABODE AGUSTO – Farewell To an Illustrious Son of Lagos State
Former Governor of Lagos State, his Excellency, AKINWUNMI AMBODE, FCA, has expressed profound sadness concerning the demise of Mubasheer Olabode Agusto, who served as an Adviser (Budget Matters) to President Olusegun Obasanjo during his second term in office.
His statement reads:
I am deeply saddened by the passing of Bode Agusto, an outstanding accountant, banker, mentor and a true icon of Lagos State. His legacy as an eminent citizen of Lagos State and a distinguished Nigerian who was unrepentantly committed to our nation’s economic development will forever be etched in the annals of our history.
Bode Agusto was not only a financial maestro but also a dedicated public servant, who contributed significantly to the development of Lagos State and Nigeria. His contributions to the fields of accounting, finance and economics were quite remarkable and he played a pivotal role in shaping our nation’s economic policies. His track record in the private sector and public service earned him the national award of the Order of the Federal Republic (OFR).
As Lagos State Governor in January 2017, I’d determined that Lagos State had reached a point where we needed to bring independent perspectives from the private sector to work with the government to jointly plan the future economy of Lagos State and re-engineer its business environment for global competitiveness and enhance opportunities for our people. I consequently set up the Lagos State Economic Advisory Committee, a 12-member private sector-dominated advisory body that comprised some of the best brains in our country and, in determining the chairmanship of the strategic committee, I turned to no other person than the late Bode Agusto and he graciously accepted unconditionally.
The Committee served out their assignment meritoriously without demanding financial compensation for themselves. Such was the patriotism and selflessness that defined the man Bode Agusto.
Lagos State and Nigeria has lost a true luminary and trail blazer. As we mourn his exit, I extend my deepest condolences to the Governor of Lagos State, his family, loved ones, professional colleagues and the entire people of Lagos State. Let us honor his memory by continuing his legacy of service, dedication and excellence.
Mr. Agusto has played his part in nation building and will forever live in our hearts. May his memory be a blessing that continues to inspire us to work collectively for the advancement of our nation.
News
“We’ve dismantled 62 criminal camps in Anambra” — Soludo
Soludo said that in an attempt to stamp out criminality in the state and ensure it is secure, he set up a vigilante group called Agunechemba, as well as the anti-cult group and the anti-touting body, adding that the different groups are working collaboratively and very effectively.
The Anambra State Governor, Prof. Chukwuma Soludo, said on Wednesday that his administration has destroyed over 62 criminal camps in the state.
The governor also said the Southeast geopolitical zone lost heavily from the sit-at-home order declared by the Indigenous People of Biafra (IPOB) over the incarceration of Mazi Nnamdi Kanu, with some people diverting their businesses and investments outside the zone as a result.
He added, however, that with the stoppage of the sit-at-home, over 45,000 shops reopened on Monday at Onitsha Main Market, with business activities at their peak and traders in jubilation.
Professor Soludo stated this while speaking with State House correspondents after a closed-door meeting with President Bola Tinubu at the Presidential Villa, Abuja.
Soludo said that in an attempt to stamp out criminality in the state and ensure it is secure, he set up a vigilante group called Agunechemba, as well as the anti-cult group and the anti-touting body, adding that the different groups are working collaboratively and very effectively.
He said: “When I assumed office, so far since I came into office, about 62 criminal camps have been dismantled in Anambra, and we’re not resting for one second. In Anambra, we pride ourselves on being the safest — if not, modestly, one of the safest — states in the country, and security is key.
News
FG orders NAFDAC to halt sachet alcohol ban enforcements
The directive, a joint intervention by the Office of the Secretary to the Government of the Federation OSGF and the Office of the National Security Adviser ONSA, cited grave concerns over economic stability and potential security threats.
The Federal Government has ordered the National Agency for Food and Drug Administration and Control (NAFDAC) to immediate cease all enforcement actions regarding the ban on sachet alcohol and 200ml PET bottle products.
The directive, a joint intervention by the Office of the Secretary to the Government of the Federation OSGF and the Office of the National Security Adviser ONSA, cited grave concerns over economic stability and potential security threats.
Both offices warned that continued enforcement, in the absence of a fully implemented National Alcohol Policy, could “destabilize communities, worsen unemployment, and trigger avoidable security challenges.”
In a statement released by Terrence Kuanum, Special Adviser on Public Affairs to the SGF, the government clarified that while the National Alcohol Policy has been signed by the Federal Ministry of Health under the direction of President Bola Tinubu, NAFDAC must refrain from sealing factories or warehouses until the policy is fully operationalised.
The SGF and NSA emphasized that the current “de facto banning” of these products without a harmonized framework is creating significant disruptions.
“The continued sealing of warehouses and de facto banning of sachet alcohol products… is already creating economic disruptions and poses a growing security threat, particularly given the impact on employment, supply chains, and informal distribution networks across the country,” the statement warned.
The OSGF further revealed that its decision was influenced by correspondence from the House of Representatives Committee on Food and Drugs Administration and Control, dated November 13, 2025.
The letter, signed by Deputy Chairman Hon. Uchenna Harris Okonkwo, highlighted existing National Assembly resolutions that cautioned against the proposed ban.
Reaffirming a previous suspension issued in December 2025, the OSGF stated its role in reviewing legislative, public health, and economic factors before a final decision is reached.
Accordingly, all actions, decisions, or enforcement measures relating to the ongoing ban on sachet alcohol are to be suspended pending the final consultations and implementation of the National Alcohol Policy and the issuance of a final directive,” the statement emphasised.
The Federal Government also took the step of declaring any unauthorized actions by NAFDAC as “invalid,” urging the public and industry stakeholders to disregard any enforcement measures not cleared by the OSGF.
The statement assured Nigerians that a “final, balanced, and lawful decision” would be communicated in due course, prioritizing public health alongside national security and economic stability.
News
Plane Crash Averted as Arik Air Flight to Port Harcourt Diverts Safely After Engine Issue Mid-Air
A potential aviation disaster was narrowly avoided today when an Arik Air Boeing 737-700 aircraft, en route from Lagos to Port Harcourt, experienced a serious engine problem mid-flight and made an emergency diversion to Benin Airport.
The aircraft, registration number 5N-MJF and operating as Flight W3 740, was descending toward Port Harcourt International Airport when the crew heard a loud bang from the left engine.
The incident occurred during the cruise or descent phase, prompting the pilots to declare an emergency and divert the plane as a precautionary measure.
According to statements from the Nigerian Safety Investigation Bureau (NSIB) and Arik Air, the flight crew detected abnormal indications on one of the engines.
The plane landed safely at Benin Airport without further incident, and all passengers and crew approximately 80 people onboard disembarked normally with no injuries reported.
The NSIB has launched an investigation into the engine anomaly, with preliminary observations indicating significant damage to the affected engine based on initial visual assessments at Benin Airport.
Arik Air confirmed the safe handling of the situation, emphasizing that the diversion was carried out following standard safety protocols. Arrangements were made for the affected passengers to continue their journey.
The incident underscores the critical importance of crew training and aircraft maintenance in Nigeria’s aviation sector, where quick decision-making by pilots has once again prevented a potential tragedy.
Authorities are expected to provide further updates as the probe continues.
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