News
Buhari Breaks Covenant, Wastes 100 Days in Office – Nigerians

It is just days to the 100-day deadline the Muhammadu Buhari’s campaign set for itself to accomplish a raft of promises made before the March polls.
Naij.com reported that there are noteworthy indications of progress, but the new government must try to achieve more for the millions of Nigerians who put their hopes on new leader.
Buharimeter, the initiative that monitoring and holding how the president is implementing his promises, in their fresh report said that no promise is either achieved or not achieved.
According to naij.com, the ruling party has set up a mechanism to monitor and evaluate the execution of the APC’s manifesto and other vows made by Buhari during the presidential campaign.
It would be recalled that Asiwaju Bola Tinubu, national leader of the All Progressives Congress (APC) recently, urged Nigerians who have been accusing President Buhari of being too slow to allow the President at least 100 days of honeymoon.
He said change, which was at the centre of the party’s campaign ahead of the presidential election, would not be achieved with a magic wand.
Tinubu spoke with State House correspondents shortly after meeting behind closed-door with Buhari at the Presidential Villa, Abuja.
“May 29 was when this President was sworn in. It is an international norm, there is an honeymoon period, at least a minimum of 100 days’ honeymoon. And you won’t allow honeymoon at all? You said change is not coming. Change is not by magic. It is driven by the people, the spirit and the character and the planning,” he said.
But the president himself made the promises he will achieve in his first 100 days below;
“I pledge to:
Publicly declaration of my assets and liabilities
Encourage all my appointees to publicly declare their assets and liabilities as a pre-condition for appointment. All political appointees will only earn the salaries and allowances determined by the Revenue Mobilization and Fiscal Allocation Commission (RMFAC).
Personal leadership in the war against corruption
Inaugurate the National Council on Procurement as stipulated in the Procurement Act. The Federal Executive Council, which has been turned to a weekly session of contract bazaar, will concentrate on its principal function of policy making.
Review and implement audit recommendations by Nigeria Extractive Industries Transparency Initiative including those on remittances and remediation.
Work with the National Assembly towards the immediate enactment of a Whistle Blower Act
Work with the National Assembly to strengthen ICPC and EFCC by guaranteeing institutional autonomy including financial and prosecutorial independence and security of tenure of officials. Make the Financial Intelligence Unit of the EFCC autonomous and operational.
Encourage proactive disclosure of information by government institutions in the spirit of the Freedom of Information Act.
Ensure all MDAs and parastatals regularly comply with their accountability responsibilities to Nigerians through the National Assembly.
All political officer holdersearn only the salaries and emoluments determined and approved by the Revenue Mobilization and Fiscal Commission RMFAC.
Work with the leadership of the National Assembly and the Judiciary to cut down the cost of governance.
I will present a National Anti corruption Strategy.
Insurgency and Insecurity
I have had the rare privilege of serving my country in the military in various capacities and rose to become a Major General and Commander-in-Chief of the Armed Forces. I defended the territorial integrity of our nation.
I pledge to:
As Commander-in-Chief, lead from the front and not behind in the comfort and security of Aso Rock to boost the morale of fighting forces and the generality of all Nigerians.
Give especial attention to the welfare of our armed forces and their families; lost heroes and their families and the victims of insurgency.
Boost the morale of the men and women in the field by public recognition of their efforts through memorabilia, stamps, statues, regular rotation, regular payment of allowances, regular communication between the men and officers of security agencies, provision of best health care and housing for families of deceased comrades.
I will present a marshal plan to the nation that will combat insurgency, ethnic and religious violence, kidnapping and rural banditry.
Provideof the best and appropriate military and other materials the country needs to combat insurgency, ethnic and religious violence, kidnapping and rural banditry.
Establish personal relationship with governors of the affected states by insurgency, with leaders of the countries in the region and with leaders around the world to coordinate efforts to combat insurgency, oil theft, piracy and criminality.
Restore confidence in the bilateral and multilateral partnerships in addressing insurgency including procurements.
Activate regular meetings of the National Police Council to ensure the discharge of its true constitutional role in a transparent and accountable way.
As a father, I feel the pain of the victims of insurgency, kidnapping and violence whether they are the widows and orphans of military, paramilitary, civilians and parents or the Chibok girls. My government shall act decisively on any actionable intelligence to #BringBackOurGirls.
Niger Delta
I pledge to:
Restore the integrity of the Niger Delta by implementing relevant sections of the Ledum Technical Committee on human capital development, resource management and distribution, governance and rule of law, reclamation and environmental and sustainable development.
Commit myself and my administration to the phased implementation of the United Nations Environment Program’s(UNEP) recommendations on Ogoniland.
Unveil a marshal plan for the regenerative development of the Niger Delta.
Diversity
Diversity refers to the inherent complexities of the variations in the social fabric of a people. Elements of poorly managed diversities include absence of cohesion, low capacity or political will to address resulting tensions, weak institutions of the state, in-equalities in every facet, impunity, breakdown of mutual trust, rising incidences of violence and total breakdown of law and order. To quickly reverse this observable trend in our society:
I pledge to:
Continually acknowledge and consciously equality and equity in all government businesses and activities.
Implement the National Gender Policy including 35% of appointive positions for women.
Work with National Assembly to pass a National Disability Bill, which I shall immediately assent, into Law.
Immediately charge relevant MDAs to implement new building codes to ensure that people with disability have easier access.
I will lead the campaign for restoration of mutual trust and cohesion for nation building, while also working with the National Assembly to make appropriation to strengthen institutions and platforms promoting dialogue and inclusion.
I will promote amendment to the provisions of section 14:3 of the Constitution to give effect to the expansion of the scope of representation to include women and persons with disabilities.
Work with National Assembly to pass the National Disability Act and the Equal Opportunities Bill.
Health
I pledge to:
Implement the National Health Act 2014,which guarantees financial sustainability to the health sector and minimum basic health care for all and ban medical tourism by government officials.
Launch special programme to improve availability of water and sanitation.
Review occupational health laws and immediately commence enforcement of the provisions to reduce hazards in the work place.
Unveil a health sector review policy to ensure the efficient and effective management of our health systems.
Mobilize the health workforce needed for the all-round implementation of our primary health programmes for rural communities.
Agriculture
I pledge to:
Make pronouncement to make agriculture a major focus of the government and lay the institutional foundation to attract large-scale investments and capital into the agricultural infrastructural sector
Launch a massive agricultural infrastructural investments plan that will focus on production, transportation infrastructure and marketing logistics across Nigeria
Launched a massive, well-coordinated and innovatively funded Youth in Commercial Agribusiness Programme.
Establish agricultural produce pricing and marketing mechanism and institutions
Work with State and Local Governments to launch Agricultural Support Programmes that will drive state level massive agricultural land development and mechanization agenda
Revamp, revitalize and continuous improvement on the national agricultural extension and rural support service system
Initiated a holistic project aimed at promoting and securing access of standardized agricultural products to both local and international markets
Lay the groundwork for a standardized market uptake and aggregation outlets for specific agricultural produce
Initiated a comprehensive revamp of key development banks (Bank of Agriculture, Bank of Industry and Nigeria Import & Export Bank) operations to fund inclusive agricultural value chain operations
Lay the groundwork for an ambitious, massive, seamless, accessible single-digit agricultural value-chain finance programme
Initiated the process to appropriately liberalise and expand agricultural and rural insurance system with premium subventions support to farmers
Revamp the agricultural cooperative system to drive rural agriculture and improves stakes for smallholder farmers
Launch appropriate tariff rectification instrument to support import-export anomalies
Management of the Economy for prosperity
Every Nigerian deserves to benefit from the running of our collective resources. We promise not to leave any Nigerian behind in our determination to create, expand and ensure equitable and effective allocation of economic opportunities. No matter the amount of funds we generate, unless there is an efficient and effective utilization, it will only create few billionaires. Unless we fight corruption, the economy will only benefit the greedy in our society.
I pledge to:
Work with the legislature to strengthen constitutional provisions to make the meetings of the National Economic Council more periodic and predictable and its decisions more binding.
Present annual report on the state of the economy to the National Assembly and the Nigerian People.
The Preparation of Medium Term Expenditure Framework (MTEF) and annual Budget will be guided by job creation projections.
Negotiate rule-based oil revenue management process, and adopt a rule based excess crude account management process, which will entail a fixed percentage (e.g. 10% or 20%) of oil revenue each year, and also set clear rules about where the proceeds will be domiciled, when the savings can be used, by whom, and what the savings can be used for.
Work with the National Assembly to adopt a rule based, realistic and predictable oil benchmark as a basis for a more transparent management of federation account revenue and excess crude account.
Launch a Small Business Loan Guarantee Scheme in partnership with Commercial Lenders to improve access to finance for SMEs.
Automate the business registration process to ensure sole proprietorships can be opened within 24 hours and incorporated business within 5 days.
Reduce the cost of company registration to a maximum of N10, 000 for sole proprietorships to encourage formalization.
Review and regulate import duty waivers to promote transparency and accountability;
Forge partnerships with state and local governments and private sectors to promote innovation, entrepreneurship and cottage industries;
Work with the National Assembly to review and finalize work on the Petroleum Industry Bill (PIB);
Boost community and local participation in downstream through expansion and promotion of local content development;
Commence organizational reforms to curb corruption in NNPC and its subsidiaries
Industrial Relations
I pledge to:
Give political force to collective bargaining in all sectors of the economy, revive Tripartite Committee of Government, employers and workers organisations, whose task would be to constantly review matters of labour relations and the practice of industrial relations.
Undertake to institute an annual statutory tripartite body contribute towards formulation and implementation of broad macro-economic policies.
Reposition Ministry of Employment, Labour and Productivity and all relevant agencies mandated to manage labour dispute and grievance handling process to ensure pre-emptive strategies to halt the current frequent incessant strikes phenomenon.
Power
The power sector has become a monstrous demonstration of corruption. Despite investment of more than X there is nothing to show but few fat cats.
I pledge to:
War against corruption in the power sector
Tackle the issue of gas availability for the proposed power plants
Emphasis alternative sources of power such as small, medium and large hydro plants (Mambilla has capacity for 4,700 megawatts), wind, coal and solar. Efforts will be geared towards smaller and potable power supply.
Start an accelerated training of human resources for the power sector.
Work with PenCom to consider giving soft loans to power sector operators.
Youth and ICT Development
The youth are the salt of the nation. More than 60% of our population is categorized as being of youth age. The future of the nation depends on the brains of the youth and not on what is buried under the ground.
I pledge to:
Declare support for the appointment of young people with requisite qualification into key political offices to begin the incubation and mentoring for a successor political generation.
Unveil a policy that all federal contractors must employ at least 50% young people.
Work with the private sector to establish innovation fund for young people.
Encourage that girls’and boys’ education is prioritized in states where this is established to be a big problem.
Review and make pronouncements, with attendant political will and commitment, on the full implementation of the national youth policy.
Establish innovation centers in conjunction with proposed National Science Foundation and the private sector.
Include vocational skills in the curriculum of Almajiri schools so that they become self-employed.
Unveil a policy that will begin to multiply the efforts and effects of technology incubation centers to at least establish two of such centers in each of the geopolitical zone.
Establish a free-tuition and scholarship scheme for pupils who have shown exceptional aptitude in science subjects at O/Levels to study ICT-related courses.
Immediately establish linkages with friendly names to champion exchange programmes for the acquisition of IT related skills.
Extend the local content policies to cover software and hardware developments in the youth-driven markets. Put in place a quality assurance mechanism to ensure that standards are met and adhered to and make it a policy for companies to procure a % of their ICT needs from the local market.
Hold a summit of all ICT service providers, OEMs, etc both local and foreign that are doing business in Nigeria to device concrete skills transfer and capacity building models in a sustainable manner.
Conclusion: According to Chinua Achebe the problem of Nigeria is problem of leadership. You can only kill a snake from the head. Make the right decision; vote Buhari-Osinbajo on Valentine Day.
News
BoI’s EIB-Backed Financing Accelerates Fidson’s Pharmaceutical Manufacturing Growth

Fidson Healthcare Plc has commended the Bank of Industry (BoI) for its pivotal role in facilitating concessionary financing that is accelerating the growth of Nigeria’s pharmaceutical manufacturing sector, following a high-level visit by delegations from the European Investment Bank (EIB) and BoI to the company’s state-of-the-art manufacturing facility in Sango-Ota, Ogun State.

The visit formed part of the implementation of the recently signed €50 million healthcare financing partnership between EIB Global and BoI, designed to strengthen local production of medicines, vaccines, diagnostics, and other critical healthcare products in Nigeria.
As Nigeria’s leading development finance institution, BoI has championed efforts to unlock long-term capital for strategic sectors, including healthcare manufacturing, in line with national industrialisation and health security objectives.
Speaking on behalf of the Managing Director/Chief Executive Officer of the Bank of Industry, Dr. Olasupo Olusi, Rotimi Akinde, Executive Director, Corporate Finance, Sustainability and Investments, highlighted the Bank’s longstanding support for Fidson and the strategic importance of the healthcare sector.
“Fidson Healthcare Plc is one of Nigeria’s foremost pharmaceutical companies and has maintained a robust relationship with BoI since 2010. Over the years, we have provided concessionary financing to support its expansion plans, and the company has grown significantly as a result of that partnership,” he said.
Akinde noted that healthcare manufacturing remains a key pillar of BoI’s corporate strategy and aligns strongly with Nigeria’s economic development priorities.
The EIB-backed facility is part of broader efforts under the European Union’s Global Gateway initiative to strengthen healthcare manufacturing ecosystems across Africa and reduce dependence on imported medical products.
Speaking on the significance of the intervention, Ambroise Fayolle, Vice-President of the European Investment Bank, described Fidson as one of the first beneficiaries of the EIB-BoI healthcare financing programme.
“A few months after signing the €50 million health financing agreement with the Bank of Industry, I am pleased to visit one of the first beneficiaries of this credit line, Fidson Healthcare, one of the leading pharmaceutical manufacturers in Nigeria,” Fayolle said.
He noted that the partnership reflects EIB’s commitment to supporting local production capacity, strengthening healthcare resilience and expanding access to affordable, high-quality medicines across the continent.
For Fidson Healthcare, the financing represents another milestone in a growth journey that has been closely supported by BoI over the last decade and a half.
According to Biola Adebayo, Managing Director and Chief Executive Officer of Fidson Healthcare Plc, the company’s relationship with BoI has been instrumental in transforming it into one of Africa’s largest pharmaceutical manufacturing platforms.
“Our relationship with BoI dates back to 2010 when the Bank recognised our growth aspirations and began providing concessionary funding. Since then, our trajectory has remained firmly upward,” Adebayo said.
“From a workforce of about 250 employees in 2010, we have grown to approximately 1,800 employees today. BoI’s support also made it possible for us to invest in green manufacturing and environmentally friendly production processes.”
Adebayo noted that Fidson now operates one of the largest pharmaceutical manufacturing facilities in Sub-Saharan Africa and continues to invest aggressively in quality assurance and global standards.
“We are not only home to one of the largest pharmaceutical manufacturing facilities in Nigeria but also one of the most advanced in Sub-Saharan Africa. This is the only facility where you will find ten dosage forms in operation, and we are currently undergoing four medicine prequalification processes simultaneously. With EIB and BoI on our side, we believe we can achieve our ambitious vision for healthcare manufacturing and contribute meaningfully to Nigeria’s health security and industrial development,” he said.
The EIB-BoI healthcare financing programme is expected to provide long-term patient capital to pharmaceutical manufacturers and other healthcare enterprises, enabling them to scale operations, improve quality standards, expand employment, and strengthen domestic value chains.
The facility is aligned with Nigeria’s healthcare and industrialisation priorities, the African Union’s target of producing 60 per cent of vaccines and essential medicines locally by 2040, and broader efforts to position Nigeria as a manufacturing hub for healthcare products across West Africa.
News
How N139.8Bn Vanished in Benue State – Fresh Report Sparks Outrage

A commission of inquiry set up by the Benue State Government to investigate the state’s income and expenditure between 2015 and 2023 has uncovered N139.8 billion in unaccounted public funds.

Governor Hyacinth Alia
Justice Jubril Idrisu (retd), chairman of the Benue State Income and Expenditure Commission of Inquiry, disclosed this at the weekend 2026 while presenting the commission’s report to Governor Hyacinth Alia at the Government House, Makurdi.
Idrisu said the commission’s findings showed that the state generated more than N826.5 billion in revenue during the period under review, while expenditure stood at about N683.4 billion.
According to him, the records revealed an unaccounted balance of approximately N139.8 billion, which the commission recommended should be recovered from persons found responsible.
“The commission’s findings, contained in two volumes, revealed significant concerns in the management of public finances during the period under review.
“Records showed that the state generated over N826.5 billion in revenue, while expenditure stood at about N683.4 billion, leaving an unaccounted balance of approximately N139.8 billion,” he said.
The retired jurist explained that the commission, inaugurated in June 2025, was mandated to examine the income and expenditure of the immediate past administration and the 23 local government councils between May 29, 2015, and May 28, 2023.
He said the panel also uncovered questionable loan transactions involving some financial institutions and local government councils, including repayments that far exceeded the original loan amounts without adequate documentation.
Idrisu further disclosed that investigators identified irregular transfers of public funds to certain financial institutions without sufficient records or proof of legitimacy, recommending appropriate recoveries where necessary.
He stressed the need for stronger financial controls, including proper authorisation of online transactions by designated officers and an end to the practice of issuing blank pre-signed mandates.
According to him, such practices undermine transparency and accountability in public financial management.
Receiving the report, Alia reaffirmed his administration’s commitment to transparency, accountability and institutional reforms.
Represented by his deputy, Dr Sam Ode, Alia commended the panel for their courage and painstaking assignment undertaken in the public interest.
He said Justice Idrisu was selected to head the commission because of his reputation as a fearless jurist and a man of integrity.
He expressed confidence that implementation of the commission’s recommendations would strengthen institutions, curb the misuse of public resources and ensure accountability for those found culpable.
He acknowledged the challenges encountered by the commission, including difficulties in obtaining information and cooperation from some individuals and institutions, but commended members for their resilience and dedication.
He also apologised for logistical difficulties experienced by the commission, noting that the present administration inherited serious institutional and administrative challenges at the inception of its tenure.
He assured the panel that its work would serve as a critical reference point in the state’s efforts to rebuild public confidence and restore accountability in governance.
The governor added that future generations would look back at the report as evidence of the commission’s contribution to strengthening transparency and responsible management of public resources in Benue.
News
UK Appoints Peter Vowles as British High Commissioner to Nigeria

The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.
Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.
He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.
Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.
Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”
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