Business
UN Appointment: Adesina Express Joy Says ‘I Am Greatly Honoured,’
The African Development Bank (AfDB) President, Dr Akinwumi Adesina has expressed joy as he accepted his appointment by the United Nations in the fight against malnutrition.
Recall that on June 1, the UN Secretary-General Antonio Guterres appointed Adesina and 21 other leaders to spearhead the fight against malnutrition in all its forms as members of the Scaling Up Nutrition (SUN) Movement Lead Group.
Appointed alongside the AfDB boss were two other Nigerians – Vice President of the Islamic Development Bank, Mansur Muhtar, and Executive Chair, Sahel Consulting Agriculture and Nutrition, Ndidi Nwuneli.
Adesina took to his Twitter handle on Sunday, saying that he is greatly honoured by the appointment in the quest to end malnutrition globally.
Adesina statement reads: “I am greatly honored by United Nations Secretary-General @antonioguterres appointing me among Global Leaders to tackle global malnutrition. Thank you, SG. I look forward to helping to deliver on this agenda,” he twitted.
Initiated in 2010 by the former Secretary-General, Ban Ki-moon, the SUN Movement continues its drive to improve nutrition for all people, everywhere, with the stewardship of 22 appointed global leaders who are committed to fighting malnutrition in all its forms as members of the SUN Movement Lead Group.
With the latest appointment, these prominent figures are committed to championing nutrition and steering the SUN Movement and its mission to eradicate malnutrition in all its forms by 2030.
Some three billion people, almost half of all humanity, cannot afford a healthy diet. And two-thirds of children lack the diverse diets they need to thrive.
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Business
Traders shut down Enugu ‘s Obollo-Afor market over N25,000 haulage levy
However, Chairman of ESIRS, Emmanuel Nnamani, in a letter to the traders, said the haulage levy was not paid by traders buying or selling goods in the markets, but was applicable strictly to truck drivers plying interstate routes.
All shops and markets at Obollo-Afor, Udenu Local Government Area of Enugu State were shut yesterday, as traders staged a peaceful protest against alleged selective collection of a N25,000 haulage levy in the market.
The traders, who locked their shops and took to the streets in large numbers, carried placards with various inscriptions, alleging that the Enugu State Internal Revenue Service (ESIRS) had singled out Obollo-Afor Market for the collection of N25,000 haulage fee on every truckload of goods loaded or offloaded in the market.
However, Chairman of ESIRS, Emmanuel Nnamani, in a letter to the traders, said the haulage levy was not paid by traders buying or selling goods in the markets, but was applicable strictly to truck drivers plying interstate routes.
Addressing officials of the Udenu Local Government Council at the council secretariat, where the protesters marched to present their grievances, Chairman, Obollo-Afor Market Traders Association, Charles Eze, lamented that truck operators bringing foodstuffs, building materials, and other commodities to the market had stopped coming because of the levy.
Business
Nigeria’s oil production dropped by 4% in July – NUPRC
“In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd, while the lowest daily production was 1.57mbpd.”
The Nigerian Upstream Regulatory Commission (NUPRC) data has shown Nigeria’s average daily oil production fell by four percent in July, 2026.
According to the NUPRC, Nigeria produced 1.505 million barrels per day (bpd) of crude oil and 0.17 million bpd of condensate, bringing the combined daily production to 1.67 million bpd.
The commission said the country met and exceeded its Organisation of the Petroleum Exporting Countries (OPEC) quota of 1.5 million bpd for the third consecutive month.
“In the month under review, the daily peak production of crude oil and condensate was 1.78mbpd, while the lowest daily production was 1.57mbpd.”
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