Connect with us

News

Ribadu Fumes over Presidential Pardon for Alams

Published

on

Dollar-Crude-Oil_0.jpg
Kindly share this post

Nuhu Ribadu, former head,  Economic and Financial Crimes Commission (EFCC), said last night that the presidential pardon granted Diepreye  Alamieyeseigha, former Bayelsa state governor  was “shocking and unbelievable”.

“It’s very sad and … it will have a terrible effect on the fight against corruption,” Ribadu told international wire agency, Reuters by telephone.

“The message this is sending out is that corruption is OK. It’s telling law enforcement agencies and judiciary: ‘don’t waste your time anymore’ … I feel sad for my country.”

Ribadu headed a team that produced a report on Nigeria’s oil and gas sector last year, detailing how the country had lost tens of billions of dollars in oil and gas revenues over the past decade because of corrupt deals between oil majors and officials.

The reaction of the Jonathan administration to that report has been largely just to ignore it.

Advertisement

“We thought what was going on was not really encouraging, but now this is really the worst development,” Ribadu said.

Had Alamieyeseigha not fled Britain, he may have faced an altogether stiffer sentence, as another governor of an oil producing state, James Ibori, found out last year.

Alamieyeseigha convicted of stealing millions of dollars of public money, his office, a move which has already received flaks from several quarters in the country.

President Jonathan was deputy governor during Alamieyeseigha’s tenure as governor and was sentenced to two years jail in 2007 on charges of corruption and money laundering.

It was the first case of a top politician being convicted for graft in the nation’s history.

Advertisement

He served just days of his sentence after spending nearly two years in detention awaiting trial. The pardon will enable him to re-enter politics if he chooses.

Alamieyeseigha was originally arrested in London in 2005, but he skipped bail and escaped back to Nigeria dressed as a woman. He was later impeached on the charges at home and authorities made efforts to seize much of his British property.

Jonathan proposed the pardon on Tuesday and the council of state, which comprises former heads of state, a former chief justice, sitting governors and the national assembly, approved it on the same day.

Had Alamieyeseigha not fled Britain, he may have faced an altogether stiffer sentence, as another governor of an oil producing state, James Ibori, found out last year.

Ibori was convicted in London of embezzling 50 million pounds ($79 million) last year and got a 13-year prison term, which he is serving in Britain.

Advertisement

He is expected to serve at least half of it. Also on the list of those pardoned was General Shehu Musa Yar’Adua, older brother of former President Umaru Yar’Adua.

He was sentenced to life by military dictator Sani Abacha for calling on him to restore civilian rule. He died in jail.

Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

CIBN, ACAMB Push for Financial Inclusion, Women Empowerment

Published

on

Kindly share this post

The Chartered Institute of Bankers (CIBN) and the Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) have enjoined banks to further deepen and prioritize financial inclusion, women’s empowerment and sustained growth through strategic mandates and frameworks, aimed at closing the financial gap and empowering more small, and medium enterprise (MSME) owners.

Both organisations made this call during a courtesy visit to the newly invested 24th President and Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), Dr. Dele Alabi, Ph.D, FCIB, as part of plans to congratulate him on his investiture as well as seek a stronger alliance between both bodies.

The visit followed Alabi’s investiture where he unveiled his “IMPACT” Vision, themed “Consolidating Our Local Impact, Enhancing Our Global Relevance.”

The vision rests on six pillars: Inclusion across geographic, gender, and generational lines; Membership growth and quality; Professionalism and ethics; Accountability; Competencies and skills development; Technology, automation, and innovation. Other areas of shared interest, include women empowerment, financial inclusion and literacy, as well as MSME clinics, all of which are top on his agenda.

Alabi explained that under him, the institute will be prioritising financial inclusion and women empowerment, because of its realisation that women  are often the primary financial managers and caregivers in families. Access to savings, micro-credit, and insurance acts as a safety net during crisis and allows them to significantly improve living conditions.

Advertisement

He added that CIBN would be happy to drive joint knowledge sharing and exchange sessions with CBN and ACAMB across various platforms. “Educating the public through public awareness programmes, with ACAMB as the rallying point, is central to what we do,” he noted.

ACAMB President, Jide Sipe, who led the delegation, spoke in unison with the CIBN president, as he noted that, closing the inbalances in financial access help economies grow faster, reduces inequality, and encourages greater civic participation by all.

Kindly share this post
Continue Reading

News

History as Lagos Becomes First Nigerian State to Launch Greenhouse Gas Registry

Published

on

Kindly share this post

Lagos State has become the first sub-national government in Nigeria to establish a comprehensive Greenhouse Gas Registry, a move aimed at strengthening climate governance, improving emissions accountability and accelerating the state’s transition to a low-carbon economy.

History as Lagos Becomes First Nigerian State to Launch Greenhouse Gas Registry

The Lagos State Greenhouse Gas Registry (LGHGR) was unveiled at the Central Business District, Alausa, Ikeja, at a ceremony attended by Prof. Akin Abayomi, commissioner for Health, members of the State Executive Council, representatives of the Federal Ministry of Environment, development partners, TPHG Technologies, the diplomatic and business communities, academics, civil society organisations and the media.

Describing the initiative as a landmark achievement in the state’s environmental sustainability drive, Dr. Babatunde Ajayi, general manager of the Lagos State Environmental Protection Agency (LASEPA), said the Registry marks a defining moment in Lagos’ climate action journey and reflects Governor Babajide Sanwo-Olu’s commitment to building a resilient, climate-smart and environmentally sustainable economy.

According to Ajayi, the digital platform will enable the state to accurately measure, monitor, report and verify greenhouse gas emissions across key sectors, providing credible data to guide environmental policies and climate interventions.

He said the Registry would strengthen evidence-based decision-making, improve transparency and accountability, support national and international climate reporting obligations, unlock carbon market opportunities and boost investor confidence in Lagos’ environmental initiatives.

Advertisement

Ajayi also commended TPHG Technologies for providing the technical expertise that made the pioneering project possible.

Delivering the keynote address, Prof. Abayomi described the Registry as a major milestone that positions Lagos at the forefront of climate governance and emissions accountability in both Nigeria and Africa.

He noted that climate change has evolved into a significant public health and governance challenge, stressing that access to reliable emissions data would enable the state to formulate evidence-based policies, attract climate financing, strengthen resilience and accelerate its transition to a low-carbon economy.

Providing insights into the technical framework of the project, Dr. Mofoluso Fagbeja, lead consultant and chief executive officer, TPHG Technologies, explained that the Registry was developed from the greenhouse gas inventory jointly undertaken by LASEPA and TPHG Technologies in 2022, using 2019 as the baseline year for emissions assessment.

He said the platform is designed to close critical emissions data gaps, particularly within the industrial sector, while supporting effective climate policy implementation, emissions management and sustainable development.

Advertisement

Fagbeja also disclosed that the greenhouse gas inventory estimated that poor air quality contributes to about 35,000 premature deaths annually in Lagos, underscoring the urgent need for stronger emissions control measures and cleaner environmental practices.

In a goodwill message, Balarabe Abbas Lawal, minister of Environment, represented by Mrs. Adenaike Olunimpe Oludunni, federal controller of Environment in Lagos, commended Lagos State for pioneering the initiative, describing it as a significant contribution to Nigeria’s climate commitments.

He said the Registry aligns with the country’s Nationally Determined Contributions (NDCs) under the Paris Agreement and supports the Federal Government’s Energy Transition Plan, while reaffirming the ministry’s commitment to deeper collaboration with Lagos State on climate governance and environmental sustainability.

 

Advertisement

Kindly share this post
Continue Reading

News

See Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free

Published

on

Kindly share this post

A recently released  Henley Passport Index 2026, showed that Nigerian citizens can travel to at least 20 destinations outside the African continent where entry is allowed either visa-free, with a visa on arrival (VOA) at no extra cost, or via an e-visa.

See Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free

This expanded access opens doors for Nigerian travellers to experience countries in the Caribbean, Asia, and beyond with greater ease.

Below is a comprehensive guide to countries outside Africa which Nigerian passport holders can visit without a traditional visa.

Visa-Free Countries outside Africa for Nigerian Passport Holders:

Barbados

Advertisement

Cambodia – Visa on arrival

Comoros Islands – Visa on arrival

Cook Islands

Dominica

Fiji

Advertisement

Haiti

Iran – Visa on arrival

Kiribati

Lebanon

Maldives – Visa on arrival

Advertisement

Micronesia

Montserrat

Niue – Visa on arrival

Palau Islands – Visa on arrival

Samoa – Visa on arrival

Advertisement

St. Kitts and Nevis

Timor-Leste – Visa on arrival

Tuvalu

Vanuatuul

Advertisement

Kindly share this post
Continue Reading

Trending