News
Release $717.4m trapped funds to foreign airlines, Senate Urges CBN
The central Bank of Nigeria on Wednesday has been asked to release trapped $717,478,606 airlines funds in the country.
The Senate made the call to CBN while also allocating the sum of $25 million to airlines operating in Nigeria at its fourth-nightly dollar auction.
These resolutions were reached sequel to the consideration of a motion titled, ‘Current Issues on airlines blocked funds in Nigeria’, sponsored by Sen. Biodun Olujimi (PDP-Ekiti) at the plenary in Abuja and chaired by the Senate Committee on Aviation.
The vice chairman of the committee, Sen. Bala Na’Allah (APC-Kebbi) presented the motion on behalf of Olujimi.
The upper chamber of the National Assembly also called on the Federal Government to urgently reverse the current trend of increasing airlines blocked funds in Nigeria.
It called on President Muhammadu Buhari to direct the CBN Governor, Godwin Emefiele, to pay up the blocked funds to the affected airlines.
The Senate further appealed to the airlines operating in the country not to withdraw their services, saying efforts were ongoing to resolve the issue.
Moving the motion, Na’Allah said since January 2021, Nigeria has been the most challenging country in the world for the airlines to repatriate their funds to support their operation.
In February, Nigeria alone accounted for 44 per cent of total airlines blocked funds in the entire world.
The total airlines blocked funds in Nigeria as of March amounted to $717.4 million comprising matured bids that the CBN was yet to deliver, bids yet to mature, and cash balances in airlines’ accounts for repatriation.
News
Instagram drops end-to-end encryption for private messages
With E2EE removed, Instagram will now be able to access the contents of direct messages, including text, images, videos, and voice notes.
Users of Instagram will no longer be able to send ultra-private direct messages, after parent company Meta switched off end-to-end encryption (E2EE) for the platform’s messaging service worldwide.
The move marks a major reversal for Meta, which had previously positioned E2EE as the “gold standard” for user privacy.
E2EE ensures that only the sender and recipient can read messages, but it has long been criticised by child safety campaigners who argue it can make it harder to detect abuse and illegal content.
As a result, the decision has been welcomed by child protection groups but strongly criticised by privacy advocates.
With E2EE removed, Instagram will now be able to access the contents of direct messages, including text, images, videos, and voice notes.
News
Kogi Road Crash: 16 People Feared Dead in Ghastly Accident
No fewer than 16 people have been confirmed dead after an 18-seater passenger bus plunged off a bridge in a horrific accident along the Okene-Osara-Lokoja Road in Kogi State.
The tragic incident occurred in the early hours of Friday in Osara, Adavi Local Government Area.
According to the Kogi State Sector Commander of the Federal Road Safety Corps (FRSC), Lawal Fagge, two passengers survived the crash but sustained severe injuries and are currently receiving treatment at a nearby hospital.
Fagge, who confirmed the details in a telephone interview with Arise News, attributed the accident to excessive speeding by the driver.
He commended officers from the Zariagi Unit of the FRSC for their swift response, as they promptly rescued the survivors and evacuated the injured to medical facilities.
The bodies of the deceased victims have been recovered and deposited at a morgue in Lokoja.
The latest road tragedy has once again sparked concerns over the rising cases of reckless driving and over-speeding on Nigeria’s major highways.
Road safety authorities are urging motorists to observe speed limits and adhere strictly to traffic regulations to avoid preventable loss of lives.
News
NECO Expands Global Reach as FG Moves to Computer-Based Exams by 2027.
The Registrar and Chief Executive of the National Examinations Council, Professor Dantani Ibrahim Wushishi, says the council has transformed from a struggling institution battling public distrust and infrastructure challenges into an internationally recognised examination body noted for professionalism and integrity.
Prof. Wushishi disclosed this during NECO’s 25th anniversary celebration in Abuja.
Professor Wushishi revealed that NECO now conducts examinations in eight countries, a development which reflects the growing global acceptance of the council’s certificates and standards.
According to him, the examination body has earned international recognition for promoting educational integrity and supporting academic mobility.
Highlighting recent milestones, the NECO Registrar said that the council had embarked on office construction projects in 10 states while introducing several digital innovations, including e-verification of results, digital certificates, and a data analysis studio.
He also assured that NECO would continue to intensify measures against examination malpractice, expand digital services, and strengthen collaborations with international examination bodies in line with global best practices.
Meanwhile, the Minister of Education, Maruf Tunji Alausa, announced that Nigeria will fully transition major secondary school examinations to Computer-Based Testing by 2027.
The reform, which will affect examinations conducted by both NECO and the West African Examinations Council, is aimed at curbing examination malpractice and modernising the nation’s assessment system.
The minister explained that implementation of the computer-based examination system will begin this year, with nationwide adoption expected by 2027.
He noted that the digital platform would feature real-time monitoring, digital tracking, and enhanced security measures to detect suspicious activities, while also improving transparency, efficiency, and faster processing of examination results across the country.
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