NEWS
Solar Cells, game changer for nation’s alternative power sources – Buhari
President Muhammadu Buhari, in the course of the week, directed the National Agency for Science and Engineering Infrastructure (NASENI) to produce more solar cells to boost the alternative power sources in the country.
Chief Executive Officer of NASENI, Prof. Mohammed Haruna made this known to State House correspondents after briefing the president on the activities of the Agency on Friday in Abuja.
The News Agency of Nigeria (NAN) reports that the president gave the directive when the Chief Executive Officer of NASENI, Prof. Mohammed Haruna, updated him on the activities of the Agency on Friday in Abuja.
President Buhari is the Chairman of NASENI.
According to Haruna, the president also directed the implementation of modular irrigation project and the production of more farm implements, to boost agricultural activities.
President Buhari also received a delegation of SUN Africa LLC, USA, at the Presidential Villa, Abuja, on Aug. 4.
Speaking at the event, Buhari expressed the hope that the rapid integration of solar power into the country’s energy mix woujd lead to an increase in electricity access to underserved and unserved communities.
According to him, the Federal Government has embarked on several reforms aimed at revitalizing Nigeria’s energy sector aimed at improving energy access to communities across the country.
He commended the interest of the U.S. developer to invest in Nigeria’s power sector.
He pledged that the Federal Government would remain committed to collaborating with the private sector in improving energy access, creating jobs and industrial development.
The president highlighted some of the reforms embarked upon by this administration to address Nigeria’s energy needs.
Earlier in the week, the president received Letters of Credence of Canadian High Commissioner to Nigeria, Amb. James Christoff and Ambassador of Mexico to Nigeria, Juan Oritz, on Tuesday in Abuja.
At the event, Buhari commended collective efforts of nations towards tackling security challenges across the globe, and within Nigeria, urging more collaboration to check terrorism, banditry and insurgency.
The Nigerian leader told the diplomats that successes in taming insecurity had been recorded through collaboration across borders, and more could be achieved.
President Buhari, on Aug. 3, administered the Oath of Allegiance and the Oath of Office on three new Permanent Secretaries of the Federal Civil Service.
NAN reports that the Permanent Secretaries include Lydia Jafiya from Adamawa; Udom Okokon Ekenam from Akwa Ibom and Farouk Yabo from Sokoto State.
The president performed the ceremony shortly before the commencement of the weekly virtual meeting of the Federal Executive Council (FEC), at the Council Chambers of the presidential villa, Abuja.
The FEC meeting approved 2.59 billion dollars for the development of Badagry Deep Seaport in Lagos State.
The council also approved N2.6 billion for the procurement of utility vehicles and gadgets for security agencies operating in the Federal Capital Territory (FCT), Abuja.
The APC National Chairman, Alhaji Abdullahi Adamu presented the newly appointed Director-General of the party’s Presidential Campaign Organisation, Gov. Simon Lalong of Plateau to President Buhari.
The presentation was made at the State House Abuja on Thursday.
The News Agency of Nigeria (NAN) reports that the chairman also introduced the party’s presidential campaign spokesperson, Mr Festus Keyamo to the president.
Adamu was accompanied by the presidential candidate of the APC, Sen. Bola Tinubu, alongside the vice presidential candidate of the party, Sen. Kashim Shettima.
The president also congratulated two of his aides, Sarki Abba and Amb. Lawal Kazaure, on being conferred with the highest civilian national honours of Niger Republic.
Abba is the President’s Senior Special Assistant on Household and Domestic Matters while Kazaure is the State Chief of Protocol.
Also during the week under review, President Buhari joined the entertainment industry, particularly artistes and musicians, in commiserating with ace instrumentalist, singer and song writer, Bongos Ikwue, who lost his wife, Josephine Ifeyinwa, 73.
He also joined family, friends and associates in mourning the death of former Inspector-General of Police (IGP), Mustapha Balogun.
President Buhari had sent condolences to family, friends and associates of Prof. Akin Mabogunje, who passed on at 90.
Buhari declared that Mabogunje’s “departure will be greatly felt by the nation, especially the academia”.
President Buhari also condoled with former Head of State, Gen. Yakubu Gowon, over the demise of his elder sister, Mrs Maryamu Dimka, who died on Wednesday.
Maryamu was the wife of Late Commissioner of Police, Mr S.K. Dimka, and survived by children including Mrs Elizabeth Rimdans, one time Resident Electoral Commissioner in Anambra and Bauchi State.
The Federal High Court in Abuja has sentenced a Boko Haram member, Alkali Yarima, also known as La’ari, to death by hanging for his involvement in the 2015 terrorist attacks on Maiduguri, Borno State.
Justice James Omotosho delivered the judgment on Friday, finding Yarima guilty of participating in acts of terrorism that led to the deadly attacks.
The court also imposed multiple prison terms on the convict for other terrorism-related offences.
SEE ALSO: MNJTF Commander Pledges End to Boko Haram Insurgency in Borno
Aside from the death sentence on count seven, the court sentenced Yarima to life imprisonment on count six for receiving arms and weapons training in preparation for carrying out terrorist activities.
Justice Omotosho also handed him 35 years imprisonment on count one for professing membership of the proscribed Boko Haram terrorist group, and 30 years imprisonment on count five.
In addition, the court sentenced him to 10 years imprisonment each on counts two, three and four.
The Federal Government had arraigned Yarima on a seven-count charge marked FHC/KNJ/CR/971/2026, filed by the Director of Public Prosecutions of the Federation, Rotimi Oyedepo (SAN), on behalf of the Attorney-General of the Federation.
According to the prosecution, Yarima, who hails from the Lawanti area of Mafa Local Government Area of Borno State, belonged to Boko Haram between 2009 and 2015 before his arrest.
He was also accused of accepting the teachings (Da’awah) of the sect’s late founder, Mohammed Yusuf, and remaining a member of the terrorist organisation despite its proscription.
The prosecution further told the court that Yarima travelled to an Arab country where he received training in arms and weapon handling in preparation for terrorist operations, an offence punishable under the Terrorism (Prevention Amendment) Act, 2013.
He was also found guilty of participating in the 2015 attacks on Maiduguri, an offence that attracted the death penalty under Section 2(1) of the Terrorism (Prevention Amendment) Act, 2013.
The trial, which is usually conducted in Kainji, Niger State, was moved to the Federal High Court in Abuja.
Speaking after the judgment, the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), reaffirmed the Federal Government’s resolve to eliminate terrorism in Nigeria.
“We will fight with every inch of our blood to ensure that we make Nigeria a safe place for everybody,” Fagbemi said.
The Dangote Petroleum Refinery and Petrochemicals (DPRP) has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N1,175 to N1,125 per litre.
A statement from the company on Thursday has it that this latest adjustment reflects the refinery’s ongoing commitment to ensuring price stability, improving affordability, and supporting Nigeria’s energy security objectives.
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The price review underscores Dangote Refinery’s responsiveness to prevailing market conditions and its efforts to pass on cost efficiencies to downstream partners and consumers.
“Dangote Refinery remains focused on its broader mission of contributing to economic growth, enhancing fuel availability, and fostering a more competitive and sustainable petroleum sector in Nigeria,” the statement added.
The Securities and Exchange Commission (SEC) has explained why it directed capital market operators to immediately refund funds collected from investors in connection with a purported Initial Public Offering (IPO) by Dangote Petroleum Refinery & Petrochemicals FZE.
In a public notice issued on Tuesday, the Commission revealed that it had observed the circulation of advertisements, flyers, digital banners, and electronic messages across social media and investment platforms inviting members of the public to invest in the refinery through an alleged IPO.
ALSO READ: ‘Nigerian Marketers Import Dangote Fuel Via Lome Hub’
According to the SEC, the purported offer has not received regulatory approval, as the Commission has neither received nor approved any application from Dangote Petroleum Refinery & Petrochemicals FZE for a public offering.
The regulator expressed concern that some registered capital market operators were actively promoting the unapproved offer and soliciting subscriptions from prospective investors.
Explaining the reason for its directive, the SEC stated that the campaign was misleading and amounted to market manipulation capable of creating false expectations among investors and undermining confidence in Nigeria’s capital market.
The Commission noted that invitations encouraging members of the public to open accounts, pre-fund investments, or reserve guaranteed share allocations for the alleged IPO violate provisions of the Investments and Securities Act as well as existing market regulations.
As a result, the SEC ordered all registered operators, including stockbrokers and promoters of digital investment platforms, to immediately cease all advertising and promotional activities relating to the purported offer.
The Commission further directed operators to remove all related promotional materials from their websites, social media pages, and other communication channels within 24 hours.
In addition, firms were instructed to stop accepting deposits, investment commitments, account registrations, or expressions of interest linked to the alleged public offering.
To protect investors from potential losses, the SEC ordered any operator that had already collected funds in connection with the purported IPO to refund such monies within 24 hours.
The regulator warned that any operator that fails to comply with the directive risks facing sanctions under the Investments and Securities Act 2025 and the SEC Rules and Regulations.
The Commission also advised Nigerians to rely only on information released through approved regulatory channels and to ignore unofficial promotional campaigns or investment solicitations concerning the refinery.
SEC added that if Dangote Petroleum Refinery & Petrochemicals FZE eventually decides to proceed with a public offering and secures regulatory approval, an authorised prospectus will be published in line with the law.
The directive comes amid reports that the Dangote Group is considering listing a 10 per cent stake in its $20 billion refinery through a Pan-African IPO expected in 2026.
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