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FG Monitoring Middle East War, Ready to Adjust Policies To Protect Nigerians — Edun

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The Federal Government says it is closely monitoring developments in the escalating conflict in the Middle East and may adjust domestic policies where necessary to protect Nigerians and cushion the nation’s economy, Finance Minister and Coordinating Minister of the Economy Wale Edun has said.

The Minister of Finance and Coordinating Minister of the
Economy, Wale Edun, disclosed this in a statement issued in Abuja on Tuesday.

The statement, signed by the Assistant Director of
Information and Public Relations at the Ministry of Finance, Mrs. Uloma Amadi,
did not specify the policy measures under consideration but said the government
was reviewing options to mitigate potential economic shocks.

According to the statement, the Federal Government remains
committed to safeguarding Nigeria’s economic stability amid rising geopolitical
tensions in the Middle East.

“The Federal Government of Nigeria is closely monitoring
escalating geopolitical tensions in the Middle East involving the United
States, Israel and Iran, and remains committed to safeguarding Nigeria’s
economic stability,” the statement said.

It added that the Economic Management Team (EMT) is
coordinating closely across fiscal, monetary and energy policy institutions to
review policy options aimed at shielding households and businesses from
external shocks.

Edun emphasised that careful policy calibration would guide
the government’s response to ensure that recent progress in macroeconomic
stability, revenue mobilisation and economic growth is not undermined by
external developments.

He also assured that the government would continue to
monitor the situation and adjust policies where necessary to minimise
disruptions, sustain investor confidence and protect the welfare of Nigerians.

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The EMT, chaired by Edun, was said to have met to assess the
potential impact of the conflict on Nigeria’s economy.

The minister also presided over a coordination meeting on
the Naira-for-Crude policy to review developments in the energy market and
their domestic implications.

According to the assessment presented at the meeting, the
global situation remains fluid, with uncertainty driven by concerns over
possible disruptions to critical energy supply routes, particularly the Strait
of Hormuz, a major corridor for global oil shipments.

The government identified three key channels through which
the crisis could affect Nigeria’s economy.

The first is volatility in crude oil and gas prices, which
could drive increases in domestic prices of fuel, diesel, cooking gas and
fertiliser.

The second relates to capital flows and financial markets,
where heightened geopolitical risks could lead investors to move funds to safer
assets, potentially affecting capital inflows into emerging markets such as
Nigeria.

The third channel involves global logistics and supply
chains, as disruptions to shipping and energy routes could raise international
freight and logistics costs, placing additional pressure on domestic prices.

The minister noted that prolonged instability could lead to
further increases in the cost of goods and services, intensifying inflationary
pressures and the cost of living.

The EMT said it would continue to track developments across
key macroeconomic indicators, including global crude oil prices, exchange rate
movements, capital flows, financial market conditions, and implications for
Nigeria’s fiscal outlook and external reserves.

The government reiterated its commitment to maintaining
economic stability while taking necessary steps to protect Nigerians from the
impact of external shocks.

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Boat Trip Ends in Horror as 20 Die, Majority Nigerians

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A boat accident in the Republic of Cameroon has claimed at least 20 lives, including 18 Nigerians travelling to a community in Adamawa
State.

The boat, said to have been travelling from Garoua in Cameroon to Yola in Nigeria, capsized after encountering a violent storm late
Monday night, it was learnt on Tuesday evening.

Witnesses said the boat, which was carrying more than 50 passengers, was also heavily loaded with iron rods and other building materials
meant for Dasin, a village in Fufore Local Government Area of Adamawa State.

They recounted that the boat was caught in a severe storm around midnight, causing it to overturn. Initial estimates indicated that about
30 people might have died, but local authorities have so far confirmed that about 20 victims have been killed.

Among the deceased, the 18 identified as Nigerians have been buried in Wuro Bokki community in Fufore LGA, according to reliable sources,
while search and rescue operations continue for passengers who are yet to be accounted for.

Divers from both Cameroon and Nigeria are said to be involved in the search, while many survivors are receiving treatment at hospitals in border communities.

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Shock Proposal? Senator Pushes Bill to Recognize Native Doctors’ Role in Connecting With Ancestors

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Garba Maidoki, senator representing Kebbi south, has called for the inclusion of traditional medicine in a bill seeking to overhaul
Nigeria’s food and drug regulatory framework.

He argues that indigenous healing practices remain relevant, particularly in rural communities.

The senator spoke on Tuesday during debate on a bill seeking to repeal the Food, Drug and Related Products (Registration, Etc.) Act and the
Food and Drug Act, and replace them with a single legal framework for regulating food, medicines and other products that affect public health.

‘MOST RURAL DWELLERS RELY ON TRADITIONAL MEDICINE’

Speaking in support of the bill sponsored by Sadiq Umar, senator representing Kwara north, Maidoki said the legislation should also
recognise traditional medicine.

“I rise to also support this motion ably sponsored by Senator Suleiman Sadiq. This motion, as my colleague said, is apt, is timely,
and is in good faith to modernise the practice of food and drug registration in Nigeria,” he said.

“But Mr. President, I want to bring to your attention that even though this is modernised, we have not seen anything on this bill
concerning traditional medicine.

“Concerning traditional medicine, sir, most of our rural dwellers, most of them rely mostly on this traditional medicine.

“And I think it is high time that we have a law that also allows traditional medicine to be implemented.

“Holistically, if this is done, we will also reduce the cost of importation of drugs from foreign nations, and we will rely mostly on our
own indigenous herbs and medication by our own native doctors.”

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Maidoki said incorporating traditional medicine into the legal framework would reduce dependence on imported medicines.

He added that the bill’s sponsor, a pharmacist, should work towards integrating traditional practitioners into the country’s healthcare
system.

“I think if this is done, the pharmacist Senator Suleiman will be able to incorporate these people and make this holistic,” he said.

The lawmaker said some ailments are better treated with herbal remedies than orthodox medicine.

“Even some of us that are senators, sometimes we rely, we go to herbal medicine to help us with one ailment or the other, which sometimes
the modern medicine has no answer. Like if your ancestors decide to talk to you, you need a native doctor to intercede on your behalf,” he added.

Maidoki’s remarks elicited laughter in the senate chamber.

Senate President Godswill Akpabio responded in a light-hearted manner.

“Thank you, Distinguished Senator Garba. The native doctor will intercede between you and the ancestor,” he said.

“It’s actually baffling that this was part of the African religion, but when the white people came, they now told us that we don’t need
our ancestors, but I think from what you are saying, you are still using your ancestors.”

The bill later passed second reading after receiving the support of lawmakers.

If enacted, the legislation will repeal two existing food and drug laws and establish a unified regulatory framework covering food,
medicines, vaccines, medical devices and other products that affect public health.

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FOREIGN NEWS

A New Era? US and Saudi Arabia Near Landmark 30-Year Nuclear Agreement

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The United States is set to announce a landmark 30-year nuclear agreement with Saudi Arabia, aimed at establishing a civilian nuclear program in the kingdom, according to reports from US media outlets.

The deal, expected to be unveiled Wednesday, comes amid heightened tensions between Washington and Tehran over Iran’s nuclear ambitions.
The New York Times cited US officials confirming that the Trump administration would formally sign and announce the agreement, which is projected to generate billions of dollars for the US nuclear industry.
According to the Wall Street Journal, the pact could allow US companies to build a uranium enrichment facility in Saudi Arabia.
However, the proposal has drawn opposition from US lawmakers across party lines and Israeli officials, who fear the program could be diverted toward developing nuclear weapons.
While the deal will be submitted to Congress, its approval is not required for implementation. Washington has also sought to link the nuclear agreement to broader strategic goals, including Saudi Arabia’s potential normalization of ties with Israel and a US-Saudi defense pact.
Saudi Arabia has long insisted on its right to pursue a civilian nuclear program, similar to the UAE, which signed a nuclear deal with Washington in 2009 but does not enrich uranium.
US Secretary of State Marco Rubio, speaking in Manila, declined to confirm the deal but assured that Washington would not enter any agreement that risks nuclear proliferation.
The announcement comes as the US war with Iran continues to destabilize the region, with Yemen’s Houthi rebels threatening to blockade Saudi ports, a move that could disrupt global oil supplies.

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Nigeria Remains Africa’s Population Giant as New 2026 Figures Emerge

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Nigeria has retained its position as Africa’s most populous country, with an estimated population of 242.4 million people in 2026, according to new figures from Worldometer.

The estimate places Nigeria ahead of Ethiopia (138.9 million) and Egypt (120.1 million), which rank second and third respectively.
Africa as a whole remains the world’s fastest-growing continent, with its population projected to surpass 2.5 billion by 2050, driven by youthful demographics, high fertility rates, and improved healthcare.
Nigeria’s last official census was conducted in 2006, when the population stood at 140.4 million. Since then, growth has been tracked through projections, with the World Bank estimating a 2.1% growth rate in 2025.
The country’s median age of 18 years and fertility rate of 4.2 children per woman continue to fuel rapid expansion.
Africa’s Top 10 Most Populous Countries (2026)Nigeria – 242.4 million, Ethiopia -138.9 million, Egypt, 120.1 million, Democratic Republic of Congo, — 116.5 million,Tanzania — 72.6 million, South Africa — 65.5 million, Kenya — 58.6 million, Sudan — 53.3 million, Uganda — 52.8 million, Algeria — 48 million.
Experts say Africa’s rising population will reshape markets, investment flows, and labour dynamics, with Nigeria expected to remain a central driver of the continent’s economic growth in the coming decades.

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ICPC Uncovers 908 Ghost Workers — Guess Which Agency Tops the Fraud List

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has uncovered 908 ghost workers across several federal ministries, departments and agencies (MDAs), recovering about ₦942 million allegedly siphoned through fraudulent payroll schemes.

ICPC Chairman Musa Aliyu disclosed that the discovery followed a probe launched in 2024 after irregularities were detected in pension payments.
The investigation revealed widespread payroll manipulation, with fictitious names inserted into salary systems to divert public funds.Aliyu alleged that some senior officials enrolled relatives and associates on government payrolls, pocketing their salaries.
In one case, a suspect reportedly placed his wife, son, and mother-in-law on the payroll while also collecting salaries of 12 other workers.
The investigation covered at least 50 federal MDAs, with the Nigeria Police Force recording the highest number of ghost workers at 570.
Other affected institutions include:
National Water Resources Authority — 80 ghost workersFederal Ministry of Works — 56
Ministry of Foreign Affairs — 24
Ministry of Defence — 19
Ministry of Power — 17Ministry of Industry, Trade and Investment — 17
Federal Ministry of Health — 15
Office of the Head of the Civil Service of the Federation — 12
Aliyu added that the Office of the Accountant-General of the Federation and the Ministry of Interior were also implicated, though the number of ghost workers in those institutions is still under review.
The ICPC says investigations are ongoing, with efforts focused on strengthening payroll integrity and ensuring accountability across government agencies.

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After Weeks of Speculation, Ogun Assembly Reaches Verdict on Oluomo

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The Ogun State House of Assembly has officially exonerated former Speaker Olakunle Oluomo of embezzlement allegations tied to his removal from office in 2024.

During Wednesday’s plenary at the Assembly Complex in Oke-Mosan, Abeokuta, lawmakers adopted a resolution that commuted Oluomo’s impeachment to a resignation.
The decision followed the presentation of a report by the Committee of the Whole House, delivered by Deputy Speaker Mrs. Lateefat Ajayi.
The report stemmed from a motion Oluomo submitted on March 31, requesting either exoneration or evidence to substantiate the allegation.
After reviewing available records, the House concluded that embezzlement was not part of the removal notice served on him and could not be proven.
Ajayi’s motion for adoption was seconded by Mr. Yusuf Amosun and unanimously approved by voice vote.
The Assembly cited Section 36 of the 1999 Constitution (as amended), affirming Oluomo’s right to fair hearing.In its resolution, the House withdrew the embezzlement allegation, stating it would no longer form part of the reasons for his removal.
Lawmakers further resolved to overturn the impeachment and record his exit as a resignation, describing the move as necessary for unity and harmony among members.

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Shock Move! DJ Chicken Adopts Seyi Tinubu’s Photo After His Release

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Controversial Nigerian disc jockey and TikTok personality, Ademola Abiodun, popularly known as DJ Chicken, has stirred reactions online after changing his Instagram profile picture to that of Seyi Tinubu, son of President Bola Tinubu, shortly after regaining his freedom.
DJ Chicken was released from the Kirikiri Correctional Centre on Tuesday after meeting bail conditions set by a Magistrate Court in Ogba, Lagos.
Less than 24 hours later, he shared Seyi Tinubu’s photo on his Instagram Stories with the caption, “Hmm ddddy”, alongside videos of Seyi dancing at an event and appearing with his wife.
In a video announcing his release, DJ Chicken expressed gratitude, saying:“I’m back oo, freedom at last. God bless the Nigerian government, God bless Seyi Tinubu, and our president. I love you guys.
Freedom is good.”Human rights activist Omoyele Sowore also confirmed his release on X, noting that the entertainer had reunited with family and friends.
DJ Chicken had been remanded after being arraigned on a three-count charge under the Cybercrimes Act, including breach of peace and alleged threats to kill Seyi Tinubu.
The charges followed a viral video in which he claimed President Tinubu would not win re-election in 2027 and allegedly threatened the President’s son.
Although he later retracted the remarks, describing them as a joke meant to boost his online popularity, he was arrested and granted bail of N1 million with two sureties. His case has been adjourned until August 3, 2026.

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Big Change Ahead? FG Set to Replace Multiple Emergency Lines with Just One Number

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The Federal Government has announced plans to implement 112 as Nigeria’s nationwide emergency telephone number, aiming to unify and strengthen the country’s emergency response system.

The initiative was disclosed in a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications (Office of the Vice President), following a meeting between Vice President Kashim Shettima and a delegation from the Nigerian Communications Commission (NCC) at the Presidential Villa.

The move comes days after the National Economic Council (NEC), chaired by Shettima, approved the adoption of 112 across all levels of government and agencies.

Shettima directed the NCC to develop a roadmap for implementation and to collaborate with the National Emergency Management Agency (NEMA) to improve coordination nationwide.

“The Vice President assured the delegation that the project would be sustained, with funding mobilised through NEC and private sector support,” the statement read.

NCC Chairman Idris Ibikunle Olorunnimbe noted that about 35 Emergency Communications Centres had already been established across the country, but urged greater support from governors, the police, ambulance services, and NEMA to keep them operational.

He stressed that the success of the initiative would depend on collective commitment:“Everyone is expected to buy into this initiative. It is a patriotic duty to ensure that anyone in distress can get help swiftly.”

The adoption of 112 is expected to streamline emergency response, reduce delays, and provide Nigerians with a single, reliable number for police, fire, medical, and disaster-related emergencies.

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FCT projects: Working with me very difficult – Wike

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Minister of the Federal Capital Territory, FCT, Nyesom Wike,
on Wednesday, declared that working with him is very difficult.

Wike explained that contractors and those working with him
must show that they have the capacity.

He spoke during the inauguration of the Federal High Court
Judges’ Quarters in Katampe area of Abuja to mark President Bola Tinubu’s third
year in office.

Tinubu was represented by Vice President Kashim Shettima at
the event.

Wike said: “Anything that is good is good, nobody that will
come here, no matter how wicked or appreciate that you are, will say Mr
President thank you for doing this. We all understand how Mr President feels
about the judiciary.”

Wike also noted that the judiciary needs a conducive
environment to work, adding that the welfare of judicial officers would ensure
the sector’s independence and rule of law.

He added: “The judiciary can’t be independent without giving
them a befitting environment to work, improving their welfare and these are the
things that would make the independence of the judiciary and uphold the rule of
law.”

The minister noted that glassiness that Tinubu’s
administration is changing the narrative.

“I pity the Executive Secretary of the FCDA, you know
working with me is very difficult because you really have to show that you have
the capacity to deliver.

“The contractors have said so and I think I have been here
more than 20 times supervising this project and letting him know that if you
collect our money during the rainy season, you must also work during the rainy
season, no excuses.

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“You can also empower those who said that they are rain
doctors, go and bring them so that there be no rain. I’m happy this project is
completed within the time scheduled.”

He further urged the Chief Judge of the Federal High Court
to ensure proper use of the facility.

“But I will appeal to the Chief Judge of the Federal High
Court, this the Federal government has provided and I believe that when we come
back here in the next one year it will still look like this.

“We have the problem of maintenance culture, most people say
it’s lacking in us but I don’t want to believe so; I believe that if you have
your own private house, the way you will keep it is the same way you will keep
wherever you are staying.

“It’s very important that we keep the standard the way it is
and ensure that we will be happy when we come back in the next one year,” he
added.

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