NEWS
Sanwo-Olu Fine-tunes N2trn State Budget For 2024
Lagos State Governor, Babajide Sanwo-Olu has revealed plans to present an extraordinary state budget surpassing N2 trillion for the 2024 fiscal year to the state House of Assembly.
This historical move signifies a never-before-seen accomplishment among Nigerian states, marking a significant milestone in budgetary history.
He made this revelation during the 8th Lagos Corporate Assembly, themed “Babajide Olusola Sanwo-Olu, BOS Meets with Business Community,” at Lagos House, Alausa, Ikeja on Friday.
The previous budget the governor enacted into law amounted to N1.76 trillion in January 2023.
Sanwo-Olu emphasized that the forthcoming budget would surpass N2 trillion, citing a need for a N7 trillion budget in 2024 to address infrastructure gaps and more.
He acknowledged the current shortfall, stating that the state hasn’t reached that level yet.
Despite global business uncertainties, the governor reaffirmed his administration’s commitment to fulfilling promises made during the campaign by diligently working towards their set goals without excuses.
He said “The demands from the report gathered from Ministries, Departments and Agencies, MDAs, shows that if we have the resources, at least N7 trillion will be needed for the year 2024 budget to meet the state’s infrastructural challenges and other basic amenities.
“Though, we are proposing over N2 trillion budget size for the year 2024 to be presented to the state House of Assembly soon and we are having demand of N7 trillion. Our revenue is far from it. That’s one of the challenges we are having presently. We want to fix roads and do it rightly.”
In his address, the governor underscored the necessity of leveraging modern technology and implementing lasting policies.
He highlighted the government’s unanticipated challenge of the current inflationary rate, emphasizing their primary focus on meeting the people’s needs amid a speculative market environment.
“We are, where we are today and if we don’t get it right here it will have dire consequences on our country. We can have handshake with Federal Government. Mr. President, in recent times have embarked on trips abroad to canvass for investors to open up Nigeria’s economy as part of the Renewed Hope Agenda.
“We can’t give excuses, we need to work together. We are running against time. I have a political timeline I am working with. We can’t afford to fail. We will need to work together and identify the way forward. We should be able to solve some of our challenges through your ideas and submissions,” he added.
Mrs. Folashade Ambrose-Medebem, the Commissioner for Commerce, Cooperative, Trade, and Investment, expressed the significance of the corporate assembly as a vital platform facilitating engagement between the public and private sectors.
She highlighted its role in fostering interaction between the state government and the business community, discussing critical matters pivotal to the industrial and commercial growth of the State.
Ambrose-Medebem acknowledged that the prominence Lagos State enjoys today wouldn’t have been achievable without the significant contributions of the Organised Private Sector in the State.
She said “This is why the administration will continue to deepen collaboration with OPS stakeholders, not only to sustain the existing level of growth but also to accelerate the momentum of the State’s development.”
NEWS
Terrorists on the Run as Troops Destroy Camp, Rescue Kidnap Victims in Zamfara
The Nigerian Army has recorded another success in its ongoing offensive against terrorism and banditry in Zamfara State, forcing terrorists to flee their hideout, destroying their camp, and rescuing three kidnapped victims.
According to an operational report released on Saturday, troops of Sector 2, Operation Fansan Yamma, carried out the operation on June 12 across communities in Zurmi and Shinkafi Local Government Areas of the state.
The report stated that troops conducting a fighting patrol through Birnin Saba, Yanbuki, and Sabon Garin Daudawa communities came into contact with terrorists operating in the Yanbuki District of Zurmi LGA.
SEE ALSO: How Troops Forced Kidnappers to Abandon Two Bank Staff in Taraba
During the encounter, troops engaged the criminals in a gun battle, successfully neutralising one terrorist while others escaped into nearby areas.
Security forces recovered several items from the scene, including rifles, four magazines loaded with ammunition, two motorcycles, seven mobile phones, two MP3 players, woodland camouflage trousers, and an inner vest.
Maintaining pressure on the fleeing terrorists, the troops advanced toward Sabon Garin Daudawa. On sighting the approaching soldiers, the terrorists reportedly abandoned their camp and fled.
The troops subsequently cleared the area and destroyed the camp to prevent it from serving as a base for future criminal operations.
In the course of the clearance operation, three kidnapped victims were rescued and safely evacuated from the area.
The military said the operation forms part of ongoing efforts to rid Zamfara and other parts of the North-West of terrorist and bandit groups responsible for attacks, kidnappings, and other criminal activities.
The Nigerian Army reaffirmed its commitment to sustaining aggressive operations across the region until lasting peace and security are restored to affected communities.
NEWS
DSS Foils Arms Smuggling Operation, Arrests Suspect Linked to Zamfara Bandit Leader
The Department of State Services (DSS) has intercepted a shipment of weapons allegedly destined for a notorious bandit kingpin operating in Zamfara State and arrested a suspected arms courier in Kano State.
According to an operational report obtained by the News Agency of Nigeria (NAN), the suspect was apprehended on Friday in Gezawa Local Government Area of Kano State following intelligence-led operations by DSS operatives.
ALSO READ: Pastor Escapes Into Bush as Gunmen Kidnap His 9-Year-Old Son in Ondo Attack
The report disclosed that the suspect was intercepted while transporting a cache of arms and ammunition from Maigatari Local Government Area of Jigawa State to Funtua in Katsina State, from where the weapons were expected to be delivered to criminal elements.
Items recovered from the suspect included three AK-47 rifles, four rocket-propelled grenade (RPG) tubes and warheads, as well as two empty magazines.
Security sources said preliminary investigations linked the weapons consignment to a suspected bandit leader believed to be operating in parts of Zamfara State.
During interrogation, the suspect reportedly confessed that he had been contracted to move the weapons from Maigatari to Funtua and was promised a payment of N450,000 upon successful delivery.
The report noted that investigations are ongoing to uncover the network behind the arms trafficking operation and identify other individuals connected to the movement of the weapons.
Authorities described the arrest as a significant breakthrough in efforts to disrupt the flow of arms and ammunition to criminal groups responsible for violent attacks, kidnappings, and other security threats across the North-West region.
The suspect remains in DSS custody and is expected to face further investigation and possible prosecution in accordance with the law.
The development comes as security agencies continue to intensify intelligence-driven operations aimed at dismantling logistics networks that support banditry, terrorism, and other forms of organised crime across Nigeria.
NEWS
NNPC Ltd Uncovers Pipeline Vandals, Disguising as FG Taskforce
Well-equipped criminal syndicates are disguising themselves as members of a Federal Government taskforce to steal critical oil infrastructure across Nigeria.
The Nigerian National Petroleum Company Limited (NNPC Ltd) made the revelation, describing it as a disturbing trend in the country’s worsening pipeline vandalism crisis.
According to the state oil major, 24 cases of vandalism had been recorded along sections of the Warri-Kaduna crude oil pipeline corridor since 2025, with about nine kilometres of pipeline already stolen by suspected vandals.
The revelation came as the NNPC Ltd, through its Industry-Wide Security Architecture and its subsidiary, the Nigerian Pipelines and Storage Company, conducted a joint inspection of a vandalised section of pipeline at Pai Community in Kwali Area Council of the Federal Capital Territory (FCT).
The inspection, carried out alongside the Office of the National Security Adviser Special Prosecution Team, the FCT Police Command, the Nigerian Army and other security stakeholders, followed the arrest of three suspected pipeline vandals in the Piri and Pai communities.
ALSO READ: LPG Exports Ban Still in Force – FG
In a statement on Thursday by the Chief Corporate Communications Officer of NNPC Ltd, Andy Odeh, asserted that the inspection was aimed at assessing the extent of damage to the critical national asset, advancing ongoing investigations and reinforcing efforts to combat economic sabotage.
The statement read, “The Nigerian National Petroleum Company Limited through the Industry Wide Security Architecture and Nigerian Pipelines & Storage Company in collaboration with the Office of the National Security Adviser Special Prosecution Team, the Federal Capital Territory Police Command, the Nigerian Army and other security stakeholders, on Tuesday conducted a joint inspection of a vandalised section of the NPSC crude oil pipeline at Pai Community in Kwali Area Council of the FCT, Abuja.
“The high-level inspection was undertaken to assess the extent of damage to critical national assets, advance ongoing investigations, and reinforce coordinated efforts to combat economic sabotage and safeguard Nigeria’s strategic energy infrastructure.
“The visit followed the arrest of three suspected pipeline vandals in the Piri and Pai communities through a joint operation involving the ONSA Special Prosecution Team, the FCT Police Command, and the NNPC Ltd’s Industry-Wide Security Architecture.”
According to Odeh, the Nigerian Pipelines and Storage Company, a subsidiary of the NNPC Ltd, owns and manages more than 5,000 kilometres of crude oil and petroleum products pipelines across the country.
He expressed sadness that pipeline theft across the network has intensified in recent years.
“NPSC, a subsidiary of NNPC Ltd, owns more than 5,000km of crude oil and petroleum products pipeline network. Pipeline theft across NPSC’s network has been on the increase since 2024.
“Well-equipped criminals disguising themselves as the ‘NNPC/Federal Government Taskforce for Recovery of Abandoned Pipelines’ connive with locals to dig out and steal these pipelines,” the statement noted.
The company disclosed that 19 incidents were recorded in 2025 alone.
“In 2025, a total of 19 cases were reported, with about 9km of pipeline section stolen along the Enugu-Makurdi-Yola corridor and between Piri and Izom along the Warri-Kaduna pipeline corridors.
“So far in 2026, five cases have been reported at Piri-Kwali and Gwagwalada along the Warri-Kaduna crude oil pipeline segment and at Badanga along the Jos-Gombe pipeline corridor,” it added.
The affected infrastructure serves as a strategic route for transporting crude oil from the Warri Refining and Petrochemical Company (WRPC) to the Kaduna Refining and Petrochemical Company (KRPC).
Speaking during the inspection, the Group Chief Executive Officer of NNPC Ltd, Bashir Ojulari, represented by the company’s Chief Interface Officer, Dahiru Sani-Gwarzo, said the arrests marked an important breakthrough in the fight against pipeline sabotage.
“The industry-wide security architecture has been actively pursuing criminal elements involved in the sabotage of our energy infrastructure. Those apprehended are only a small part of a larger network.
“Our focus remains on identifying and bringing to justice the masterminds and sponsors behind these criminal activities.
“Beyond the significant economic losses they cause, such acts undermine national development, energy security and investor confidence.
“We will continue to work closely with our security partners to ensure these crimes are decisively addressed,” he said.
On his part, the Commissioner of Police, FCT Command, CP Ahmed Muhammed Sanusi, said the arrests demonstrated the resolve of security agencies to dismantle organised criminal groups targeting national infrastructure.
“The operation demonstrates our collective determination to protect critical national assets and dismantle criminal syndicates involved in pipeline vandalism.
“The suspects were apprehended following intensive intelligence gathering, surveillance operations and targeted patrols after reports of interference with sections of the pipeline.
“Our investigations have already generated valuable leads regarding the sponsors and receivers of the vandalised materials.
“We want to assure Nigerians that all individuals connected to these criminal activities will be identified and prosecuted in accordance with the law,” Sanusi stated.
Also speaking, the Director of Energy Security at the Office of the National Security Adviser, Goodluck Ebele, urged Nigerians to support ongoing efforts by providing timely information to security agencies.
“Public vigilance and cooperation remain critical to protecting national assets and strengthening Nigeria’s energy security.
“We appeal to citizens living around these facilities to report suspicious activities promptly. Pipeline vandalism is not a victimless crime; it affects national revenue, energy supply and economic development,” he said.
Representing the Nigerian Army, Lt. Col. J.O. Ajongbo reaffirmed the military’s commitment to safeguarding oil and gas infrastructure nationwide.
“We remain committed to working closely with NNPC Ltd and all relevant agencies to secure critical energy infrastructure across the country.
“The protection of these assets is a national responsibility, and the military will continue to play its part in ensuring that criminal elements do not succeed in their attempts to sabotage the economy,” he stated.
Similarly, the Deputy Chairman of the House Committee on Petroleum Resources (Upstream), Hon. Sesi Whingan, pledged legislative support to strengthen deterrence against pipeline vandalism.
“We will continue to support measures that enhance the legal and regulatory framework needed to combat pipeline vandalism.
“Those who engage in economic sabotage must understand that there will be consequences, and we will work with relevant institutions to ensure that our laws serve as effective deterrents,” he said.
Pipeline vandalism has remained one of the biggest challenges confronting Nigeria’s oil and gas sector, contributing to production losses, environmental degradation and reduced revenues.
While much of the public attention has focused on crude theft in the Niger Delta, the latest incidents suggest that criminal networks are increasingly targeting pipeline infrastructure in other parts of the country.






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