NEWS
World Bank Disburses $1bn Zero Interest For Lake Chad Region
The crises ridden Lake Chad region is about getting some reprieve, in the areas that money can solve, because the World Bank has made one billion dollars, in zero interest financing available for affected countries to manage the situation.
Country Manager, World Bank for Chad, Rasit Pertesv, expressed optimism that the amount would help tame insurgency, while announcing the intervention on Thursday, in N’Djamena, during the Fourth Lake Chad Governor’s Forum meeting.
Biztellers gathered that the forum is a coming together of the affected countries, made up of Chad, Cameroon, Niger, and Nigeria to synergise on solving the crises.
It is expected that they will take the opportunity to evaluate the dynamic patterns of the crises, which has given rise to widespread displacement, damaged the social fabric, and interrupted public services, in the face of weakened institutional capacities across the affected countries, which the $1bn is expected to address.
According to Pertesv the intervention is meant to assist the affected countries in stepping-up economic development, job creation, and improving the lives of people who had borne the brunt of the crises.
He maintained that the zero-interest financing from the International Development Association (IDA), provided support for two major regional development priorities which include the recovery of livelihoods to reduce the vulnerability of people living in Lake Chad
It would go a long way in expanding cross-border economic activity to spur greater opportunity and integration in the areas of agriculture, energy, transport, and regional trades, the country manager, added.
He commended the regional stability programme aimed at restoring and improving security in Lake Chad and called for redoubled efforts toward sustainable recovery in areas that were economically affected.
On his part, Executive Secretary, Lake Chad Basin Commission, Amb. Mamman Nuhu stressed that prevailing poverty, unemployment, and illiteracy created a susceptible environment for the extremist group’s ideology to spread rapidly among communities in the Lake Chad region.
The ES pointed out that that the region’s majority youth population, traditionally reliant on farming and cattle rearing, had their livelihoods disrupted, making them vulnerable to Boko Haram’s propaganda.
“Since the development of the Regional Strategy for Stabilisation, Recovery, and Resilience (RS-SRR) in 2018, the strategy has acted as a regional architecture for responding to the complex security, humanitarian and development issues plaguing the region.
“It emphasises the need for a comprehensive, multi-sectoral, and coordinated set of sub-national, national, and cross-border initiatives to achieve long-term stabilization, recovery, and resilience.
“As a result, several initiatives and programmes have sprung up to facilitate regional cooperation, respond to humanitarian needs, and foster peace and development in the region, one of which is the Lake Chad Basin Governors’ Forum,” Nuhu said.
In the same vein, Commissioner for Political Affairs, Peace and Security, African Union Commission, Amb. Adeoye Bankole, described the Lake Chad Basin Governors Forum is an essential platform for promoting sustainable regional peace and security in the region.
“The African Union encourages further collaboration among member states and international partners to support the forum’s efforts towards consolidating peace in the region and creating better opportunities for the people of the Lake Chad Basin,” he added.
NEWS
Terror Threats: Osun Establishes Joint Security Task Force
In response to the recent security alerts, the Osun State Government has approved the establishment of a Joint Security Taskforce to strengthen security response and alert to threats to lives and properties in the state.
According to a government house statement on Thursday, to ensure smooth take off of the JTF, the state government declared its readiness to provide all necessary logistics that will strengthen the protection of lives and property of the people throughout Osun State .
The decision was adopted at the State Security Council (SSC) meeting convened yesterday by Governor Ademola Adeleke and presided over by the Deputy Governor, Prince Kola Adewusi with the new Commissioner of Police personally in attendance alongside other security top brass.
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The Deputy Governor while opening the meeting conveyed the best wishes of the state Governor to the service commanders and lauded their steadfastness during recent security challenges and tasked them not to relent in the face of fresh security threats.
Accompanied by the Attorney General of the state, Hon Wole Jimi-Bada; the Head of Service, Elder Ayanleye Aina; and the Governor’s Special Adviser on Security, Mr Samuel Ojo, the Deputy Governor told the commanders that the governor is committed to further empowering the security agencies to secure the state while calling on the traditional rulers to sustain their local security oversight.
The Council during its deliberations also used the opportunity of the meeting which lasted several hours to further allay the fears of the residents on their security and protection, noting that Osun state remains safe and secured.
The Council further tasks residents to be extra vigilant particularly in churches, mosques and schools, tasking stakeholders to put extra security measures around their premises.
While assuring the public of their safety, the Council further requested timely intelligence sharing to security agencies by members of the public to forestall attacks by suspected terrorists and bandits.
The Nigeria Police in conjunction with other security agencies were also directed to be on a 24 hour red alert to curtail the threats of the said bandits and terrorists.
At the meeting, an agreement was also reached between the Ministry of Justice, the Nigeria Police, and the DSS, to collaborate with a view to ensuring that all the suspects are properly investigated and prosecuted accordingly without delay.
The meeting ended with a commendation of the new Commissioner of Police, Mr Ibrahim Zungura for instituting policing reforms since his assumption of office and for attending the security meeting in person.
NEWS
Shettima Arrives Yola to Condole With Bamanga Tukur’s Family
Vice President Kashim Shettima has arrived in Yola, Adamawa State, to lead a Federal Government delegation on a condolence visit to the family of the late elder statesman, Alhaji Bamanga Muhammad Tukur.
Shettima’s visit is at the instance of President Bola Ahmed Tinubu, following the death of the former Governor of the old Gongola State and former National Chairman of the Peoples Democratic Party (PDP).
The Vice President was received in Yola by Adamawa State Governor, Ahmadu Umaru Fintiri, alongside members of the state executive council.
Tukur, who died on September 12, 2026, was a prominent businessman, politician and elder statesman whose career in public service and business spanned several decades.
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He served as Governor of the defunct Gongola State and later became National Chairman of the PDP. He was also recognised for his contributions to Nigeria’s political development and Africa’s business community.
The presidential delegation accompanying Shettima includes the APC Deputy National Chairman (North), Hon. Ali Bukar Dalori; former Minister of Transportation, Senator Sa’idu Ahmed Alkali; Deputy Chief of Staff to the President (Office of the Vice President), Senator Ibrahim Hassan Hadejia; and Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Abdullahi Abubakar Gumel.
Others on the delegation are Hon. Abdulrazaq Sa’ad Namdas; Sarkin Gabas Adamawa, Dr Mahmood Halilu Ahmed (Modi); and APC National Vice Chairman (North-East), Comrade Mustapha Salihu, among others.
The condolence visit comes as political leaders, government officials and other Nigerians continue to mourn the death of the former governor and PDP national chairman.
NEWS
Borgu: ‘We Must Never Normalise the Killing of Nigerians’ — Peter Obi
Peter Obi has condemned the reported killing of some Nigerians abducted in Borgu, Niger State, saying the country must never normalise the killing of its citizens.
Obi made this known in a statement released via X on Wednesday, where he described the reports emerging from Borgu as increasingly difficult to comprehend and deeply painful.
He recalled that on August 27, he had expressed his anguish over the reported abduction of about 600 Nigerians, including women, children and elderly people, alongside the killing of others.
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According to him, his anguish has deepened following continuing reports of the gruesome killing of some of those abducted, while many others remain unaccounted for.
Obi also referred to another disturbing incident in which a bandit group reportedly beheaded a Nigerian and sent his severed head to a community leader over a ₦50 million levy.
“If the reported killing was intended to increase pressure on the community and extract more money for those still being held, then we must recognise the terrible reality before us: human life is being deliberately turned into a bargaining instrument,” he said.
The former Anambra State governor said one person being killed to terrorise an entire community while others are kept alive as hostages for more ransom amounts to the systematic devaluation of human life.
“These are not statistics. They are Nigerians. They are mothers, fathers, children, brothers, sisters and elderly people,” Obi said.
He questioned how long the country would continue to accept the kidnapping of hundreds of citizens, killings, criminal levies, displacement and ransom payments as unavoidable features of Nigerian life.
Obi said insecurity also affects families, farms, businesses, education and public confidence in government.
He called for intelligence-led operations, stronger community security, rapid response, better coordination and equipment for security forces, effective border protection and sustained action against criminal networks.
“The primary responsibility of government is the security and welfare of its citizens,” he said.
“While politicians prepare for elections, Nigerians are asking for something more fundamental: the right to live.”
Obi urged the government to match prayers with action, insisting that no criminal group should determine who lives or dies anywhere in Nigeria.
“Every Nigerian life matters. Every victim deserves justice. Every community deserves protection. Nigeria must restore security, justice, and the dignity of human life,” he added





