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Governor Mohammed Lauds CIBN for Donating 160-Seater Lecture Theatre to ABTU

The Governor Bauchi State, Senator Bala Mohammed has commended the Chartered Institute of Bankers of Nigeria for donating a 160-Seater lecture theatre at the Abubakar Tafawa Balewa University Bauchi, ATBU.
Governor (Sen) Mohammed made the statement while receiving the CIBN team led by Dr. Bayo Olugbemi, President/Chairman of Council who paid him a courtesy visit, at the office of the Governor, Bauchi State.
The Governor Bala applauded the efforts of the institute and indeed the banking industry for its various contributions to the development of the state, especially in helping its government in revenue drive for the state. He added that his administration will continue to support the institution’s activities.
The Governor said that his administration will collaborate with the Chartered Institute of Bankers of Nigeria (CIBN) on capacity building for its relevant workforce in the state.
According to Governor Mohammed, ‘the Bauchi State is one of the peaceful states in the north-east of the country’. “Also, the government of Bauchi State will be willing to share our own experiences dealing with governance at both the state and the local levels.
“So, we will extend the hand of any relationship with the CIBN in exploiting their judiciary and collaboration to organize training and workshops on issues of mutual concern
Earlier in his remarks, the CIBN President, Dr. Bayo Olugbemi said “We thank you for giving us the opportunity to have this audience with you today while we commend your laudable achievements, especially in the areas including Road Infrastructure, Transportation, Energy, Natural Resources, Youth Empowerment programmes and several other developmental projects as well as Social Investment Programmes across the State.
He also appreciated the Bauchi State Government for its support to the banking industry by way of efficient and effective security system which has provided enabling environment for the Banking and finance industry to thrive in the State.
Dr. Olugbemi further explained that the Institute is in the state for very auspicious reason and as part of its developmental programmes resolved to institute Learning Legacy Projects in higher Institutions in Nigeria with a view to deepening the study of banking and finance and to address the gap between the industry and the academia.
To kick start the process, in addition to reviewing the Institute’s Banking Professional Examinations Syllabi, the Institute at the first phase is bequeathing a 160-Seater ultra-modern lecturer theatre, fully furnished with modern ICT infrastructure, to six (6) higher institutions in Nigeria, one in each geo-political zone. The beneficiary institution in the North-East Zone is Abubakar Tafawa Balewa University, (ATBU) Bauchi, he said.
Dr. Olugbemi said ‘I am happy to inform you that we are just returning from the groundbreaking Ceremony, and we shall be inviting Your Excellency for the commissioning of the edifice very soon as the project is scheduled to be completed in sixteen (16) weeks.
CIBN President told the Governor the CIBN’s readiness to collaborate with the Government in organizing an Annual Seminar for Judges on Banking and Allied Matters for the Bauchi State Judiciary.
According to him, CIBN would leverage on its over 20years experience of running a similar Programme for all the judges in the Country in collaboration with the National Judicial Institute.
He further said that the Institute would be most willing to partner with the relevant ministries of the state government to enhance the capacity of their personnel in the area of banking and finance.
He also said that the Bauchi state should take advantage of the numerous experienced professionals in the Banking industry that can help handle various projects and initiatives of Bauchi State Government while the Institute will be readily avail the Government nominations for such assignments.
Dr. Olugbemi also pleaded with the Governor to support for the proposed amendment of the CIBN Act No. 5 of 2007 when presented to the National Assembly as well as encouraged Bauchi State government to absorb Banking and Finance graduates/ACIB qualification holders into the State Civil Service in view of the immense value they will bring into public service.
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Lagos Plastic Ban: MAN Warns of Job Losses, Closure of Businesses

Manufacturers Association of Nigeria (MAN) has expressed concerns over the impending ban on Single-Use Plastics (SUPs) by the Lagos State Ministry of Environment.
It warned that it could lead to job losses and and lead to economic, operational, and social consequences for manufacturers, traders, recyclers, and end users.
Segun Ajayi-Kadir, director general, MAN, in a statement called on the Lagos State government to reconsider the ban, citing a lack of credible data and stakeholder engagement.
According to Ajayi-Kadir, a recent study revealed that 100% of manufacturers surveyed expressed fears of job losses and workforce restructuring if the ban is implemented.
He said, “A recent MAN-supported study evaluating the possible impacts of the Lagos State SUPs ban revealed significant adverse economic, operational, and social implications across the value chain, from manufacturers to wholesalers, traders, and end users. It has been noted that only poor and developing countries often tilt towards plastic ban as a strategy to combat environmental problems.
“A hundred percent of the manufacturers consulted expressed concern over a ban-induced workforce restructuring. Thus, several jobs will be lost in the industry if this ban were to be implemented.
“It is noteworthy to mention that there is no form of arrangement for social protection for the employees who will lose their livelihoods as a result of this ban.
“Also, there has been no form of social dialogue on the part of the government with these workers or the industry on the potential job losses.”
According to him, findings showed that 89% of operators in the plastic value chain rely on SUPs as their primary source of income with no alternative source of livelihoods, over 75% of end users, including SMEs, depend on plastic packaging with no affordable or practical alternatives, and 93% of dealers, many of whom are women, reported no prior information or social support mechanisms to cushion the impact.
Ajayi-Kadir emphasised that banning SUPs would not resolve pollution issues but merely substitute one problem for another, especially without scalable alternatives or infrastructure to support the transition.
He urged the government to focus on improving waste management infrastructure and promoting recycling, rather than imposing bans.
News
Court Hands 23 Chinese Nationals 1 Year Jail Term Each for Cyberterrorism, Fraud

A Federal High Court in Ikeja, Lagos state has sentenced 23 Chinese nationals to one year imprisonment each for their involvement in cyberterrorism and internet fraud.
Economic and Financial Crimes Commission (EFCC) arraigned them before Justices D.E. Osiagor, D.I. Dipeolu, and A.O. Faji on a single count of cyberterrorism and online fraud.
Dele Oyewale, spokesperson, EFCC, revealed that the convicted individuals were members of a cyber-fraud syndicate comprising 792 people.
He noted that the culprits were arrested on Thursday, December 19, 2024 in Lagos, during an operation known as ‘Eagle Flush.’
Oyewale stated that the individuals identified as Yu Hui (also known as A. Bin), Huang Jin Hui, Fei Fan, Lu Qiang, Hu Xi Zheng, Sun Zhi Peng, Wu Hao, Cong Bing, and Li Qiang alias Yang Huan Huan, Zheng Wei alias A. Hong, Cheng Jian, Da Tou, A Wen, Zhang Lei, Huang Zhi, Pan Jiong, Chen Wen Yuan, Jia You alias A. You, Wang Zheng Feng alias Feng, Liu San Hua, Liu Beixing, and Wen Zong Xu alias Li Long were all charged on one count of online fraud and cyber-terrorism.
One of the charges brought against Yu Hui (also known as A. Bin) claimed that he, along with others, unlawfully accessed computer systems in Lagos around December 2024 with the intent to destabilize and damage Nigeria’s economy and social structure.
According to the EFCC, this act violated Section 18(1) of the Cybercrimes (Prohibition, Prevention, Etc.) Act, 2015, and is punishable under that law.
Similarly, another charge filed against Jia You, accused him of accessing computer systems with the aim of undermining and harming Nigeria’s economic and social stability.
This action was said to be in breach of both the Cybercrimes Act and the Terrorism (Prevention and Prohibition) Act, 2022.
Initially all the defendants pleaded not guilty to the charges.
However, during the court session, they pleaded guilty.
The EFCC prosecution team comprising of Nneemeka Omewa, Babatunde Sonoiki, U.S Kyari, and B.M Isah informed the court that the defendants had reached plea bargain agreements.
The defence team confirmed this and requested the court to adopt the terms of the agreements.
Justices Osiagor, Faji, and Dipeolu found each defendant guilty and sentenced them to one year in prison, with the sentence starting from their arrest date on Tuesday, December 10, 2024.
Each convict was also fined N1 million.
Additionally, the judges ordered the Nigerian Immigration Service (NIS) to deport the convicts within seven days of completing their sentences.
All devices recovered during the operation including mobile phones, laptops, and routers were forfeited to the Nigerian government.
News
Galaxy Backbone Reaffirms Commitment to Support Security Agencies with Its Vast Digital Infrastructure

The Board, Management, and Staff of Galaxy Backbone (GBB) express profound sorrow and heartfelt condolences to the governments and people of Benue, Borno, Plateau, Anambra, and other states affected by recent waves of violent attacks and insecurity. We mourn with every family, community, and institution that has suffered the pain of loss, displacement, and trauma.
At Galaxy Backbone (GBB), we firmly believe that security is the bedrock of any thriving society. No nation can make meaningful progress when peace is threatened. These tragic incidents are not just national emergencies, they represent deep personal losses to every Nigerian, and they call for urgent, united, and technology-enabled solutions to support lasting peace.
As a Federal Government organization, entrusted with delivering secure digital infrastructure and smart technology solutions to public institutions across Nigeria, Galaxy Backbone remains resolute in its commitment to supporting state governments and security agencies through cutting-edge digital platforms that enable proactive and intelligent security management.
We also acknowledge and commend the visionary leadership of His Excellency, President Bola Ahmed Tinubu, GCFR, and the concerted efforts of the Federal Government of Nigeria in responding decisively to the security challenges facing parts of the country. The President’s unwavering commitment to peace, safety, and national unity under the Renewed Hope Agenda is evident in the bold steps being taken to restore order and build a more secure Nigeria.
Through our Safe City Security Solutions, GBB offers an integrated suite of smart surveillance systems, real-time data analytics, emergency communication networks, and AI-enabled threat detection tools. These solutions are specifically designed to enhance operational capabilities, strengthen coordination across security agencies, and empower informed decision-making in high-risk environments.
GBB stands ready to partner with both state governments and security agencies that are committed to building safer, smarter, and more resilient communities. We believe that technology must lead the charge in safeguarding lives, and we are proud to serve as a trusted digital ally in Nigeria’s journey toward modern, tech-enabled public safety.
Together, we can bolster early warning systems, expand surveillance coverage, enable faster emergency responses, and ensure that every Nigerian lives in a country where peace and prosperity are not aspirations, but realities.
May the souls of the departed rest in peace. And may strength, healing, and hope return to the hearts and homes of all those affected.
Galaxy Backbone remains aligned with the vision of a secure, digitally connected, and inclusive Nigeria, where every citizen has the freedom to live, work, and dream in peace.
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