News
Akwa Ibom Govt Names Leo Stan Ekeh, 18 Others in Post COVID-19 Economic Committee

With Nigeria and the rest of the world still coming to grips with the COVID-19 pandemic which has hobbled global economies, the Akwa Ibom State Government is already looking ahead to repositioning its economy for a post COVID-19 world.
To this effect, the governor, Udom Emmanuel has put together a crack and astute 20-member committee to advise the government on its task of economic reconstruction.
Equally important, the committee, drawn from the public and private sector, is peopled by globally renowned entrepreneurs, eggheads from the corporate and academic circles as well as seasoned administrators.
The committee is chaired by Prof. Akpan H. Ekpo, a former Director General of the West African Institute for Financial & Economic Management (WAIFEM), with Prof. Emmanuel Onwioduokit, HOD of Economics at the University of Uyo as Secretary.
Among the notable names in the committee is serial digital entrepreneur and Chairman, Zinox Group, Leo Stan Ekeh; Acting Director General of the Securities and Exchange Commission (SEC), Lady Mary Uduk and Executive Vice Chairman, ExxonMobil, Mr. Udom Inoyo.
Others include Executive Director, NNPC/NAPIMS, Mr. Hilary Akpan; President, Uyo Chambers of Commerce Industry, Mines & Agriculture (UYOCCIMA), ObongNseyen Ebong; President, All Farmers Association of Nigeria – Akwa Ibom Chapter, Prince Bassey Sampson Inwang; Director General, Institute for National Transformation, Prof. Vincent Anigbogu; Managing Consultant, NobleHouse Consulting, Sir InyangInyang; former Executive Director, NCDMB, Chairman/CEO of Rootcare Pharmacy, Sir EffiongAfiakurue; Executive Director, Agricultural Investments (AKICORP), Pastor UmoEno; President, Akwa Ibom Business Community (AIBC), Mr. LordswillUmani and Pastor Samuel Archibong of the League of Akwa Ibom Business Association (LABUSA), among others.
Also in the committee are a number of serving commissioners in the current Akwa Ibom administration.
The foregoing was disclosed in a statement issued by Secretary to the State Government, Dr. Emmanuel Ekuwem.
‘‘The current economic challenges, occasioned by COVID-19, have thrown an inexorable necessity on us as a people and Akwa Ibom State has risen to this challenge. To this end, His Excellency, Governor Udom Emmanuel has directed that a post-COVID-19 economic reconstruction committee be constituted of the… eminent persons,’’ the release had stated in part.
Equally important, the economic reconstruction committee will be inaugurated on Friday, May 1st by 12pm.
Meanwhile, Akwa Ibom has made significant progress with its management of the COVID-19 pandemic in the state. Going by the statistics released by the country’s disease-fighting agency, the Nigeria Centre for Disease Control (NCDC) on Tuesday April 28, Akwa Ibom had so far recorded 12 confirmed cases of COVID-19.
Nevertheless, it is currently nursing only two active cases after nine patients who previously tested positive made full recoveries and had been discharged. However, it has suffered one casualty as well.
Nigeria is currently battling to rein in the COVID-19 pandemic after an undisclosed Italian who arrived Lagos on March 24, 2020 became the country’s index case.
News
UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.
The mission follows the high profile and well received state visit to the UK in March, which also included education engagements. Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.
The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.
In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.
In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.
British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.
“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”
“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”
DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”
DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.
News
Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu
In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.
The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.
Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.
The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.
News
Karex, World’s Top Condom Maker to Hike Prices due to Iran war

Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.
Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.
Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.
“The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh told Reuters.
Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.
Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.
The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.
“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.
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