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Why FAAN, CBN must return to Lagos – FG

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***Says We’re Working To Fight inflation, Stabilize Foreign Exchange Rates

The Federal Government has opened up on the planned relocation to Lagos of the Headquarters of the Federal Airports Authority of Nigeria (FAAN), and of certain departments of the Central Bank of Nigeria (CBN), describing it as pragmatic administrative steps to improve operational efficiency and reduce operating costs.

We must all stand together as one, against these forces that constantly seek to test and break the bonds that hold us.

While dispelling insinuations that the relocations were political moves aimed at marginalizing a section of the country, the government said the allegations were unfounded.

The Minister of Information and National Orientation, Mohammed Idris, made the clarification in a statement, sent to Arise News in Abuja on Sunday night.

On the economic front, the Minister said government is working in coordinated fashion, to bring down inflation, stabilize foreign exchange rates, and create a truly enabling environment for business and investment.

He said that as Nigeria tackles its challenges with urgency and dedication, it was also necessary to remind citizens of the need to resist all forces and narratives of misinformation and division.

According to him, the security agencies have done well to check the trend of insecurity in the country, while the government would provide support for anti-corruption agencies to sustain the fight against graft.

Idris said, “Impactful interventions are being rolled out, including a Students’ Loan Scheme, a Presidential Initiative to deploy lower-cost CNG mass transit buses to provide alternatives to petrol and diesel, and various low-interest loan schemes for businesses. The CNG interventions will bring down the cost of transportation by more than 50 percent. We urge Nigerians to take advantage of these opportunities as they emerge, as they have been designed for the benefit of all.

“For example, it is not true that the relocation to Lagos of the Headquarters of the Federal Airports Authority of Nigeria (FAAN), and of certain departments of the Central Bank of Nigeria (CBN), are political moves aimed at marginalizing a section of the country. These allegations are unfounded. Instead, these are pragmatic administrative steps to improve operational efficiency and reduce operating costs.

“I would like to urge all Nigerians to be especially mindful of all persons and groups at home and abroad, who specialize in making false and inciting claims on radio, TV and social media, as well as in peddling altered videos and images for viral dissemination. We must all stand together as one, against these forces that constantly seek to test and break the bonds that hold us.

“Nigeria belongs to all of us, and the work of building the Nigeria of our dreams is one that must be done by everyone, regardless of our religious faith or ethnic group or geopolitical zone. It is for this reason that we have produced the Nigerian National Values Charter (NVC), a documentation of the social contract between Government and the citizens, as one of the ways to restore a national sense of hope, trust and solidarity.

“As part of this focus on earning the trust of Nigerians, the fight against corruption will continue, and will intensify. Determined to ensure that there are no sacred cows, and that public funds are applied wholly for the public good, President Tinubu is providing the anti-corruption agencies with the support required to fulfill their mandate.

“We will not succeed at building the Nigeria of our dreams if we insist on focusing only on our challenges and problems, and not the abundant opportunities and positive narratives that we are surrounded by. We recognize the fact that the country continues to enjoy genuine enthusiasm for investment from local and foreign investors.

“In the opening weeks of 2024, our Stock Market has already put us on the global map for the impressive returns being delivered. The Indian businesses that pledged $14 billion in new investment in Nigeria on the sidelines of the G20 Summit in India in September 2023 have since started making good on those pledges. Across oil and gas, agriculture, consumer goods, renewable energy, healthcare, ICT and many other fields we are seeing global and local businesses demonstrating unshakable belief in the limitless possibilities that Nigeria embodies.

“The heartwarming exploits of our beloved Super Eagles at the ongoing African Cup of Nations in Cote d’Ivoire are another case in point; a timely reminder that the things that bind us together as one are much deeper than the things that separate and divide us. Let us never forget what is truly possible: that instead of division and hatred, we can live and thrive in unity and hope, assured that, despite the temporary challenges and setbacks that we face from time to time, a glorious dawn is just around the corner.

“There is no downplaying the reality of the challenging season that we find ourselves in as a nation: the impact of inflation on personal and household budgets, and the threats to security in parts of the country. But that is only part of the story. Just as important are the various bold measures that the Federal Government of Nigeria, under the leadership of President Bola Ahmed Tinubu, is taking to decisively confront all of these challenges. We fully acknowledge the duty and the responsibility of care that the Federal Government owes to every Nigerian, across the lines of age, gender, religion, ethnicity, and social class.

“In the area of security, all threats are being boldly confronted. We are taking the fight to the criminals’ dens, with promising results. Within the last week, several bandits, kidnappers and militants have been neutralized or arrested.
The resurgent crisis in Plateau State is indeed highly regrettable, and we assure that all perpetrators of violence there, and everywhere else in the country, are being brought to book. Justice will be done, and peace will be restored in all affected communities. We salute the gallantry of security and intelligence agencies who are leaving no stone unturned to ensure that we are safe in our homes and on the highways, and that criminals have no breathing space.

“Regarding the economy, all relevant Ministries and Agencies of the Federal Government are working in coordinated fashion, to bring down inflation, stabilize foreign exchange rates, and create a truly enabling environment for business and investment. The Nigeria that President Tinubu seeks to build is one where no one is left behind.”

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A Review of Akwa Ibom State Government’s July Delivery Meeting

Stakeholders at the meeting delivered goodwill messages, commending Governor Umo Eno for institutionalising the Delivery Meeting as a platform for transparency, accountability, and inclusive governance.

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Image: Governor Umo Eno

  1. The Akwa Ibom State Government’s Monthly Delivery Meeting concluded its two-day July session, with Governor Umo Eno presiding over an extensive review of the administration’s strategic projects across key sectors.
  2. Hon. Aniekan UmanahCommissioner for Information, reported that the meeting forms part of ongoing efforts to monitor implementation, evaluate progress, and ensure the timely delivery of projects under the ARISE Agenda.
  3. In his opening remarks on Day Two, Governor Eno reiterated that the Delivery Meeting has become a vital accountability mechanism for tracking the performance of government projects and ensuring that every initiative delivers measurable value to the people of the State.
  4. He stressed that the sessions provide an opportunity for honest appraisal, collective problem-solving, and improved coordination among implementing agencies as the administration continues to deliver on its commitments under the ARISE Agenda. Quoting the Greek philosopher Socrates, the Governor said, “An unexamined life is not worth living.”
  5. Before the commencement of the Day Two session, Governor Eno paid an unscheduled visit to the ARISE Palm Resort, an audacious tourism project built on a 73-hectare gully reclamation site, to verify claims made during the previous day’s presentations and assess firsthand the level of progress on the facility, which is scheduled for commissioning later in the year.
  6. The meeting received comprehensive presentations on key projects across multiple sectors of the state’s development programme, including agriculture, trade and investment, maritime and transportation, health, internal security, housing, tourism, local government administration, direct labour projects, and other flagship initiatives.
  7. Under the agricultural sector, presentations were made on the Ibom Model Farm, Agric Equipment Leasing Company, Distribution of Oil Palm Seedlings Programme, Dakkada Global Oil Palm Project, and the Akwa Ibom Agricultural Development Programme (AKADEP), with emphasis on mechanised farming, food security, and job creation.
  8. The Ministry of Trade and Investment presented updates on the International Market, Ikot Ekpene, highlighting its role in boosting commerce, attracting investment, and strengthening regional trade.
  9. The meeting noted the significant progress recorded on the project and urged the contractors to sustain the pace of work.
  10. In the maritime and transport sector, updates were presented on the Oron Maritime Infrastructure Project, which is aimed at improving maritime transportation, boosting commerce, and stimulating economic growth as part of the administration’s broader Blue Economy development initiatives.
  11. The health sector presentation covered the Ibom International Hospital, General Hospitals in Ukanafun, Ibiono Ibom, Ikot Ekpene, Iquita-Oron, Ikot Ekpene Udo, and other State of Emergency Health Projects, reinforcing the government’s commitment to providing accessible, affordable, and quality healthcare services.
  12. The Ministry of Internal Security and Waterways presented progress on the Counter Terrorism Unit Base, aimed at strengthening security infrastructure and enhancing public safety across the state.
  13. The Ministry of Housing provided updates on the Doctors’ Residence and the Executive and Legislative Quarters, projects aimed at providing decent accommodation while supporting urban renewal and improving living standards.
  14. In the tourism sector, progress on the Ibom International Hotel at the Convention Arena was reviewed, with emphasis on repositioning the facility to boost tourism, hospitality, and investment opportunities.
  15. Updates from the Ministry of Local Government and Chieftaincy Affairs covered the Chairmen’s Lodges, with an assurance that all 31 lodges will be completed by December 2026 to strengthen administrative efficiency at the grassroots level.
  16. The Direct Labour Committee reported progress on the Youth Development Centres, the One Project Per Local Government Area (Phase II), the Judiciary Village, and the House of Assembly Complex, all aimed at strengthening governance infrastructure and promoting youth development.
  17. Other strategic projects reviewed included the ARISE Shopping City, ARISE Park Beach Villas, AKBC Project, Model Secondary School, Senior Citizens Centre, and the Nigeria Formr Women Project, reflecting the administration’s broad development agenda across multiple sectors.
  18. Stakeholders at the meeting delivered goodwill messages, commending Governor Umo Eno for institutionalising the Delivery Meeting as a platform for transparency, accountability, and inclusive governance.
  19. Senator Effiong Bob commended the Governor for consistently engaging stakeholders in the governance process, noting that the ARISE Agenda is making measurable progress while praising the administration’s openness and transparency. Senior Advocate of Nigeria, Assam Assam, described the meeting as the most impactful yet, citing visible progress across sectors, particularly in healthcare infrastructure and service delivery.
  20. The Speaker of the Akwa Ibom State House of Assembly, Rt. Hon. Udeme Otong, lauded the Governor’s leadership and assured him of the continued support and collaboration of the State House of Assembly.
  21. The Oku Ibom Ibibio and President-General of the Supreme Council of Traditional Rulers, His Eminence, Ntenyin Dr. Solomon Etuk, JP, expressed pride in the administration’s developmental strides and commended Governor Eno’s inclusive approach to governance.
  22. In his closing remarks, Governor Umo Eno appreciated all participants, Heads of Ministries, Departments and Agencies (MDAs), Delivery Advisors, stakeholders, and contractors for their contributions to the two-day review exercise, noting that the sessions were rigorous but necessary in strengthening governance and ensuring accountability.
  23. The Governor stated that the administration is entering its “harvest season” as it gradually winds down its first term, adding that observations from the meeting would be used to further improve service delivery and implementation efficiency.
  24. He reaffirmed the government’s commitment to completing all ongoing projects within set timelines and urged implementing agencies to sustain the momentum and maintain high standards in project execution for the benefit of the people of Akwa Ibom State.
  25. At the conclusion of the Delivery Meeting, Governor Eno led stakeholders on an inspection visit to the Ibom Convention Arena to assess ongoing work on the 200-bed Ibom International Hotel project, which is billed for commissioning later in the year.
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Explosion rocks Apapa tank farm; NPA, NIMASA move to curtail spread

Following the outbreak the fire service departments of both the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) moved in to curtail the spread of the inferno.

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Panic erupted at the Lagos tank farm cluster at Ibafon, Apapa, on Friday morning after a fire broke out at the Bono Tank Farm, located within the Best Energy Tank Farm complex.

The inferno sent residents and workers in the area fleeing for safety as emergency responders moved in to contain the blaze.

Following the outbreak the fire service departments of both the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA) moved in to curtail the spread of the inferno.

Efforts to obtain comments from the management of Bono Tank Farm and Best Energy Tank Farm were unsuccessful, as phone calls and text messages sent to their representatives were neither answered nor acknowledged.

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FG slams 8-count charges on Adeyemi over fake agency ” I’m not a criminal”, he defends

It was learned that the alleged ‘‘fake’’ Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council was allocated N1.302 billion in the 2026 Budget of the Federal Government.

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Photo: Gbajabiamila, and Adeyemi

The Federal Government has filed an 8-count charges against Adeniyi Adeyemi, convener of a purported Presidential Foreign Intervention Promotion Council, PFIPC, over the controversy trailing the agency.

Adeyemi, however, fought back claiming that he was given an appointment letter.

Adeyemi, during an appearance on Channels Television claimed that the Chief of Staff to the President, Mr. Femi Gbajabiamila gave him an appointment letter, insisting that he is not a criminal.

However, it was learned that the alleged ‘‘fake’’ Presidential Economic Advisory Council/Presidential Foreign Intervention Promotion Council was allocated N1.302 billion in the 2026 Budget of the Federal Government.

In a statement on Wednesday, Bayo Onanuga, presidential spokesperson, said the charges were filed by the Police on November 27, 2025, against Adeyemi and two accomplices at the Federal High Court in Abuja.

Onanuga said Adeyemi is expected to appear in court on July 27, 2026.

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