NEWS
Okpebholo Approves Major Investments in Transport, Security, Agriculture, Others
The Edo State Executive Council (EXCO), under the leadership of Governor Monday Okpebholo, has approved a series of impactful initiatives across key sectors including transportation, security, agriculture, and infrastructure aimed at improving the welfare of residents and fostering sustainable development in the state.
Briefing journalists after the meeting, the Honourable Commissioner for Information and Communication, Paul Ohombamu, said the council reached “a lot of decisions and approvals in virtually all sectors including education, infrastructure, transportation, and the well-being of the people relating to justice delivery.”
Hon Ohombamu noted that as part of efforts to enhance the state’s public transportation system, the Council approved the purchase and supply of 50 brand new Toyota Hiace buses (2024 model) to complement the 100 units earlier procured for the New Edo Line transportation company.
He said, “Today, additional 50 buses have been approved. All the necessary procurement processes met in line with the Edo State Public Procurement Law,”
In addition, the council approved the acquisition of 50 Compressed Natural Gas (CNG) buses, 2025 model, for the Edo City Transport Service (ECTS), reinforcing the state’s push toward cleaner energy and efficient urban mobility.
To strengthen security operations, EXCO approved the purchase of 111 motorbikes for use by security agencies. This comes in addition to the over 300 units previously procured by the administration.
In furtherance of its agricultural agenda, EXCO approved the procurement of five bulldozers and one lowbed truck for the Ministry of Agriculture and Food Security. This marks a departure from the previous practice of renting equipment.
Ohombamu explained, “Before now, the past administration was hiring, but the governor sees it as a waste of resources,”
On road projects, EXCO also approved the construction and rehabilitation of key roads in the oil and gas producing areas of Edo State, specifically in Orhionmwon, Ovia North-East, and Ikpoba-Okha local government areas, under the purview of the Edo State Oil and Gas Producing Areas Development Commission (EDSOPADEC).
The approved road projects include, construction of Eromo Road, Ikpoba-Okha LGA; construction of Presidential Road, Ikpoba-Okha LGA; rehabilitation of Ugo Market Road, Orhionmwon LGA and construction of Odion Umoru Road, Ikpoba-Okha LGA
The commissioner assured, “Don’t forget that all these processes are sequential. Procurement processes were met in line with the Edo State Public Procurement Law of 2020, and the State Tender Board has also done their own,”
The Secretary to the State Government (SSG), Umar Musa Ikhilo, Esq., also briefed the press, reporting on Governor Okpebholo’s recent trip to Scotland, where he participated in a diaspora investment summit organized by the Edo State Diaspora Agency.
The summit brought together Edo indigenes and global investors, focusing on attracting diaspora capital into the state’s economy.
Ikhilo explained, “The summit was meant for not just Edo people in diaspora but also the business community who came from various parts of the world… They were very interested in keying into the SHINE agenda of His Excellency,”
He noted that the summit led to a significant milestone, “One of the chambers of commerce that attended, the European African Chamber of Commerce and Industry signed an MoU with the Edo State Government to invest a sum of $250 million over the next three to five years.”
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Ikhilo emphasized the strategic shift from relying on foreign direct investment to leveraging the potential of the Edo diaspora, pointing to remittance data:
“Last year, diaspora remittances were the second-highest source of foreign income in Nigeria after crude oil, over $20 billion, but only 2% of that went into investment. We are creating a vehicle to help convert more of that into direct investments.”
He added that a delegation from Scotland is expected to visit Edo State in the coming months to explore specific investment projects as a follow-up to the summit.
The Friday Executive Council meeting reaffirmed the Okpebholo administration’s commitment to good governance, infrastructure development, security, justice, and diaspora-led investment.
With multiple strategic approvals, the state government has signaled its readiness to build on recent momentum and deliver results for the people of the state.
International News
Norway’s King Harald Dies at 89, Son Haakon Becomes King
Norway’s King Harald V has died at the age of 89, bringing an end to his more than three-decade reign and ushering in a new era for the Norwegian monarchy.
The Royal Palace announced on Friday, August 28, 2026, that the monarch died peacefully at Oslo University Hospital at 6:35am local time.
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“It is with deep sadness that we announce that His Majesty King Harald passed away today. King Harald passed away peacefully at Oslo University Hospital on Friday, August 28 at 6:35 am,” the palace said in a statement.
King Harald, who ascended the throne in 1991, had been hospitalised in Oslo since August 17 while receiving treatment for haemolytic anaemia.
His condition became “extremely serious” on Thursday, prompting members of the royal family to gather at his bedside.
His 53-year-old son, Crown Prince Haakon, has automatically succeeded him as monarch under Norway’s constitutional succession rules. He is expected to take the name King Haakon VIII.
Following the announcement of Harald’s death, the flag at the Royal Palace in Oslo was lowered to half-mast, while members of the public gathered outside the palace to lay flowers and mourn the late monarch.
Harald was widely regarded as a popular and unifying figure during his 35 years on the throne. He was also known for his modest lifestyle and efforts to modernise the monarchy.
Kaspara Bolstad, 24, described him as “a very steady and warm king.”
“I think the entire Norwegian people see him as a role model and as someone who brings people together. Whether you’re for or against the monarchy, I think he’s well-liked across the board,” she said.
Magnus Skaugseth, 27, also praised the late King’s inclusive approach.
“He was so inclusive and committed to having values that are inclusive in the society we live in today. When there is so much division and polarisation, he was a pillar pointing in the opposite direction,” Skaugseth said.
Harald had experienced several health challenges in recent years and had undergone procedures including the fitting of a pacemaker. Despite his declining health, he repeatedly ruled out abdication, maintaining that his oath to serve Norway was lifelong.
His death comes during a turbulent period for the Norwegian royal family, which has faced a series of health and personal controversies in recent months.
With Harald’s death, Crown Prince Haakon now takes over the Norwegian throne, marking the beginning of a new chapter for the country’s monarchy.
NEWS
‘Your Problem Is That a Son of a Nobody Was Invited’ — VDM Fires Back at Falana
Social media personality Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has fired back at Senior Advocate of Nigeria (SAN), Femi Falana, following the lawyer’s criticism of his invitation to the Nigerian Bar Association (NBA) annual conference.
Recall that Falana had criticised the decision to feature VDM as a panelist during a session on “Unknown Gunmen,” arguing that discussions on national security should involve individuals with established experience in the country’s security architecture.
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“In those days, the NBA brought individuals who had paid their dues, who were coming to engage lawyers intellectually. We wanted to learn from them and so none of our conferences was a circus show in the past,” Falana said.
He further stated: “So, if you are bringing in an expert to discuss the security of the country, either from the private or public sector, such an individual must have contributed to the security architecture of the country.”
Falana also said: “But to just go and bring somebody from nowhere to come and entertain you, there are problems with that.”
Reacting in a Facebook post on Friday, VDM said he was initially disappointed by Falana’s comments but claimed they helped him understand the opposition to his invitation.
“And then again, I listened to Femi Falana. When I listened to him, I won’t lie, I was so disappointed in him. Then again, after he spoke, I understood why a lot of them were upset and Femi Falana gave me the answer.
“Their problem is that a son of a nobody was invited and that is just simply what is going on in the media and Femi Falana just made it clear to me. Who knows me? Who is my father? Who knows my family? Who are we? What empire do we have?”
Defending his participation, VDM said his contribution would be based on firsthand experiences.
“This is not about book, it is about experience,” he said, adding, “Security is for everybody. Security is not for some set of people.”
NEWS
Umar Cautions Against Irregular Policies in Nigeria’s Oil Industry
A public warning has gone to the authorities to desist from frequently tweaking with the regulatory environment, as it could undermine investments in Nigeria’s petroleum industry.
The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Umar, expressed the view on Wednesday in which he highlighted the importance of predictable regulation to the development of Nigeria’s midstream and downstream petroleum sectors.
According to Umar, investors were prepared to manage commercial risks but found regulatory uncertainty more difficult to accommodate, stressing that clear, consistent and predictable rules were critical to attracting and retaining capital.
“Investors are prepared to manage commercial risk. What they find far more difficult is regulatory uncertainty,” he said.
According to him, government efforts to provide fiscal incentives, financing support and policy reforms to encourage investment could achieve little if investors were unsure how the regulatory system would operate in practice.
Umar said investors wanted assurances that rules were clear, decisions were consistent and regulatory processes were predictable, adding that such confidence could influence investment decisions as much as commercial considerations.
He noted that the issue was particularly important in the midstream and downstream sectors, where investments in refineries, pipelines, storage facilities and gas infrastructure were designed to operate over many years.
“Investments in refineries, pipelines, storage facilities and gas infrastructure are designed to operate over many years. Investors need confidence that the regulatory environment will remain stable, consistent and credible throughout the life of those assets,” he said.
The NMDPRA boss said the Petroleum Industry Act had provided the industry with a strong legal and regulatory framework based on transparency, competition and accountability.
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He said the responsibility of the NMDPRA is to ensure that those principles are reflected in its day-to-day regulatory activities.
Umar, who said he had spent nearly three decades on the commercial and operational side of the downstream petroleum industry before joining the Authority, said he understood the concerns investors raised before committing capital.
He listed timely approvals, consistent application of regulations and fair and predictable decisions by institutions among the key issues investors considered.
The NMDPRA chief executive further stated that effective regulation went beyond issuing licences and enforcing compliance, as it should provide certainty and create an environment where businesses could plan and investment could grow.
He said the authority was strengthening collaboration with other government institutions, noting that effective regulation depended not only on good policies but also on consistent implementation.
“When institutions work together, the industry experiences a more coordinated and predictable regulatory environment,” he said.
Umar said the implementation of reforms would ultimately determine the confidence investors had in Nigeria’s regulatory system.
“The true measure of any reform is how it is implemented. Every licence issued, every inspection conducted and every regulatory decision contributes to confidence in the regulatory system,” he stated.
He assured stakeholders that the agency would carry out its mandate fairly, consistently and transparently to support responsible investment and the continued development of Nigeria’s midstream and downstream petroleum industry.





