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Release $717.4m trapped funds to foreign airlines, Senate Urges CBN

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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.

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Sanwo-Olu prepares the way for Tinubu’s official visit to Lagos state

President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.

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President Bola Tinubu will officially visit Lagos state on April 8 and 9, during which he will commission several completed projects by the administration of governor Babajide Sanwo-Olu.

The Commissioner for Information and Strategy, Gbenga Omotoso, said during a press briefing outlining activities for the President’s visit.

Omotoso said that Lagos remains Nigeria’s commercial hub and that the projects slated for commissioning reflect the administration’s investments in transportation, infrastructure, education, and public sector development.
According to him, President Tinubu is expected to inaugurate several key projects executed by the Babajide Sanwo-Olu administration, including the Ojota–Opebi Link Bridge, designed to ease traffic congestion across the metropolis.

Other projects include the Lagos State Geographic Information Service building, a multi-agency complex named after the President, a newly completed school complex, and the Mid-Level Agro Produce Hub in Abijo, Ibeju-Lekki.

He added that the Tolu Schools Complex in Ajegunle comprises 36 public schools—31 secondary and five primary schools—situated on 11.73 hectares of land in the Ajeromi-Ifelodun Local Government Area.

Omotoso said the redevelopment of the complex demonstrates the government’s people-oriented approach, noting that it serves about 20,000 pupils.

” These projects have been carefully conceived and executed to address the needs of our growing population, ease mobility, stimulate economic activity, and enhance social welfare,” he said.

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Jega loses wife, Hajiya Hadiza

Hajia Hadiza passed on yesterday and was buried according to Islamic rites.

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The Special Adviser to the President on Livestock Development, Prof. Attahiru Jega, has lost his wife, Hajiya Hadiza Jega.

Hajia Hadiza passed on yesterday and was buried according to Islamic rites.

Vice President Kashim Shettima, who represented the President at the janazah (Islamic funeral rites) yesterday at the National Mosque in Abuja, conveyed the President’s heartfelt sympathy to the bereaved family.

President Tinubu described the late Hajiya Hadiza as a woman of uncommon grace and strength, noting that she played a pivotal role as a steady support system to her husband throughout his years of public service, including his tenure as chairman of the Independent National Electoral Commission.

A statement in Abuja by his Special Adviser on Information and Strategy, Bayo Onanuga, said that the President also applauded her contributions to education and community development, highlighting her quiet but impactful influence in advancing social causes.

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Atiku hires US lobbying firm for $1.2m to boost image – Report

One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.

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Ex-Vice-President Atiku Abubakar has hired a Washington-based lobbying firm, Von Batten-Montague-York, L.C., to strengthen his reputational standing in the United States.

The PUNCH reported that the details of the deal are contained in documents filed with the U.S. Department of Justice, which show that the agreement was signed on March 9 and 10, 2026, by the firm’s managing partner, Karl Von Batten, and Nigerian politician Fabiyi Oladimeji on behalf of the former vice president.

According to the filing sighted on the Department of Justice ’s website on Sunday, the contract is aimed at shaping perceptions of Atiku within U.S. policy circles and countering narratives linked to the Nigerian government.

One of the objectives of the engagement is to “counterbalance” the Nigerian government’s “lobbying narratives” in the United States, while also working to “advance understanding” of Atiku’s “leadership posture and policy vision” among policymakers.

Under the arrangement, the firm is expected to facilitate meetings between the former vice-president and U.S. government officials, including members of Congress, as well as provide advisory services on policy positioning and engagement strategy.

“These activities include lobbying and government affairs engagement with Members of Congress, congressional staff, and executive branch officials concerning issues related to democratic governance, regional stability, economic development, and U.S. engagement with Nigeria and the broader West African region,” part of the contract reads.

The firm will also undertake “promotion, perception management, and public relations activities designed to enhance understanding among U.S. policymakers and relevant stakeholders” of Atiku’s positions.

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