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Without Alams, Oil will not Flow- FG
The Presidency, desperate, to justify the pardon it granted, Mr. Diepriye Alamieseigha, the convicted former Governor of Bayelsa State, said, yesterday that Alamieseigha is crucial to Nigeria’s economy and credited him for the increase in the barrels of oil Nigeria now sells on the international market.
Doyin Okupe, senior special assistant to President Goodluck Jonathan on Public Affairs at a press briefing in Abuja praised Alamieseigha whom he described as “repentant”
A visibly angry reporter at the briefing said “I thought he (Okupe) was going to say the man has refunded millions of dollars he stole when he was in office.”
Not deterred, Okupe, said that “In truth, Alamieseigha since he left prison has been working strenuously and silently to assist the President stabilize the amnesty in the Niger Delta region.
“Alamieseigha is a foremost leader of the Ijaw Nation, and his political and stabilizing influence in that region has impacted positively on the overall economy of the nation, bringing crude oil exports from the abysmally low level of 700,000bpd to over 2.4million bpd.”
According to him, Alamieseigha, who is still wanted by British authorities, can be credited with ensuring that the blood running through Nigeria’s economic artery is not cut off.
The full text of the briefing read below
TEXT OF A PRESS CONFERENCE ADDRESSED BY THE SENIOR SPECIAL ASSISTANT TO
THE PRESIDENT ON PUBLIC AFFAIRS, DR DOYIN OKUPE ON THURSDAY 14TH MARCH, 2013.
GRANTING OF STATE PARDON: NEED FOR AN OBJECTIVE, HUMANE CONSIDERATION.
Gentlemen of the Press.
I have called this Press Conference to shed more light on the Pardon granted to some Nigerians recently by the National Council of State, especially as it concerns the former Governor of Bayelsa State, Chief Diepriye Alamiesegha.
I speak to you today, not just as the Senior Special Assistant to the President on Public Affairs, but also as a Patriot, a Statesman and a Stakeholder in the Nigerian Polity.
I wish to appeal through this Medium to fellow Nigerians and distinguished members of the Civil Societies for open mindedness on this issue.
This is our country and our dearly beloved Nation which we all owe a duty to nurture, protect, preserve and ensure that after a hundred years of its existence, we hand it over to the next generation as one prosperous indivisible entity where justice, equity and peace reign.
Many will not question the legality or lawfulness of the pardon granted by the National Council of Sate. Section 175 of the 1999 Constitution clearly empowers the President in consultation with the Council of State so to do.
The major concern of many patriotic and reasonable Nigerians is whether the decision is morally right or if it will not send wrong signals on Governments anti-corruption crusade.
These two considerations are my major objectives in addressing this conference and I once again wish to plead earnestly that our people should hear me out and allow us to reason together.
On the issue of morality, I want to state categorically here, that State or Presidential Pardon are not intended for nobility or saints. In general, a state pardon is for those who have committed crimes and breached the laws of the land and may or may not have been tried or convicted regardless of their social status.
A pardon is the forgiveness of a crime and the cancellation of the relevant penalty; it is usually granted by the head of state (such as a monarch or president) or by acts of parliament or a religious authority.
Today, pardons are granted in many countries when individuals have demonstrated that they have fulfilled their debt to society, or are otherwise considered to be deserving.
Also, a Prerogative of Mercy by definition is not a justifiable affair. It has to do with discretion and the necessity to redress bitterness and thereby offer healing and forgiveness especially in the presence of evidence of remorse and potential to add value to the country.
This is what made President George H.W Bush in 1992 to say “when earlier wars have ended, Presidents have always used their powers to pardon to put bitterness behind us, and look to the future.
This healing tradition reaches at least from President James Madison’s pardon of La Titte’s pirates after the war of 1812, to Andrew Johnson’s pardon of soldiers who fought for the confederacy, to Harry Truman’s and Jimmy Carter’s pardons of those who violated the selective service laws in World War II and Vietnam”.
The above tradition must have informed President Bill Clinton when he pardoned Fife Syminghton III, former Republican Governor of Arizona who was convicted of bank fraud.
President Bill Clinton similarly ignited a firestorm of controversy when he pardoned Marc Rich, who was charged, in 1983, with cheating the United States Government of nearly $ 50 Million US Dollars and doing business with Iran during the hostage crisis. Rich was never tried as he fled to Switzerland to avoid prosecution
President George H. W. Bush perplexed a majority of American Citizens when he pardoned six people from the administration of his immediate Republican predecessor Ronald Reagan in whose administration he was also the Vice – President.
The six Americans were under investigation for their involvement in the Iran – Contra Affair, which was a National Scandal, involving selling of arms to Iran and using the proceeds to fund Nicaragua counter – revolutionaries.
These are the bastions of leadership of the International Community which our enlightened citizenry are always too eager to use as bench-mark of good governance and democratic propriety. In all these, we must always remember that all Nations of the world have their own characteristics and will always do things that are socio-politically expedient at every point in time.
American history is replete with similar instances of pardons for reasons that may not appear altogether altruistic but which suited the socio-political situations of the country.
Bill Clinton issued a total of 456 pardons, of which one was his younger brother serving a one year jail term in connection with possession of cocaine. George Bush Snr,176, Jimmy Carter 566, Lydon Johnson 1,157 and F D Roosevelt 3,687!
Gentlemen of the Press will recall that former Governor DSP Alamieyeseigha was removed from office in a manner that was suggested by many as not being entirely above board. Nevertheless, the former Bayelsa Governor whose pardon appears to be drawing all the flaks has been tried, found guilty and adequately punished.
He lost his position, forfeited the property illegally acquired and has demonstrated enough soberness after he served his sentence.
It is out of place to suggest that the pardon is tantamount to abandoning the fight against corruption in Nigeria.
This is too far from the truth. It was Lord Denning that perhaps put it more succinctly when he said “the purpose of punishment is not to destroy the offender but rather to reform him and deter others”. These two features, I must emphasise, have been met in this instance.
People have stated that President Jonathan said publicly that Alamieyeisegha was his political benefactor. This is a display of extreme humility and honesty on the part of Mr. President; in this day that virtually all political benefactors, usually turn into enemy number one and are therefore hounded to the ground by the incumbents.
It was God and Providence that lifted President Jonathan over and above his former political boss. But in truth Alamieyeisegha since he left prison has been working strenuously and silently to assist the President stabilize the amnesty in the Niger Delta Region. Alamieyeiseghais a foremost leader of the Ijaw Nation, and his political and stabilizing influence in that region have impacted positively on the overall economy of the nation, bringing crude oil exports from the abysmally low level of 700,00 bpd, to over 2.4 million bpd!
Therefore, it is obvious that, Alamieyeisegha has been a major player since his release from prison in ensuring that the blood that runs through the Nigerian economic artery is not cut off.
In Nigerian history, great and eminent men who have been crucified for one crime or the other have been pardoned by past Presidents and such men have lived thereafter to further enhance our political and socio-economic development.
Amongst those are our respected departed sage, Chief Obafemi Awolowo and the revered Ikemba Nnewi, Chief Odumegwu Ojukwu who continued after their pardon to contribute immensely to Nigeria’s social, political and economic growth till death.
It has often been said that there is always a season for everything under the sun, a season to punish and a season to forgive. Distinguished gentlemen of the press, fellow Nigerians, this is the season to forgive and to heal. May God forgive us all and bless our country Nigeria.
Before I end this address, let me use this opportunity to announce that in view of the obvious gaps in communication as shown in apparent misunderstanding of issues in the court of public opinion, this department will henceforth hold a bi monthly interactive forum with registered members of the Civil Society Organisations and other critical
stakeholders in the society.This programme will be coordinated by the Special Asistant to the President on Public Relations ,DrOlusanya Awosan, and Alhaji Nasir Zaharadeen ,the Special Assistant to the President on Public Affairs who are both professionally and academically sound practitioners with many decades of experience in the Media and Public Relations industry.
It is my pleasure to invite your partnership in the success of this initiative which I am sure will facilitate an efficient two way information traffic between the Public and the Presidency.
I thank you.
Dr Doyin Okupe
Senior Special Assistant to the President on Public Affairs
News
Afreximbank Taps Nigeria to Lead Africa’s Digital Trade Revolution

Yemi Kale, Afreximbank’s Group Chief Economist, yesterday said that Nigeria is positioned to drive Africa’s transition into a digitally enabled trade ecosystem, arguing that the country’s demographic strength and emerging innovation hubs give it a competitive edge as the continent reshapes its economic future under the African Continental Free Trade Area (AfCFTA).

Speaking in Abuja on Thursday at Afreximbank’s high-level forum on trade intelligence and digital innovation, themed “Unlocking Nigeria’s Trade and Investment Potential Through Digital Innovation and the Abuja AATC”, Kale said Africa is “at a defining inflection point” that will determine whether it reacts to global economic shifts or helps shape them.
He noted that the AfCFTA’s unified market—covering more than 1.3 billion people and a combined GDP of $3.4 trillion—offers countries like Nigeria a historic opening to boost industrialisation and deepen regional value chains. “The AfCFTA presents a unique once-in-a-generation opportunity to expand and strengthen regional value chains,” Kale said.
He added that deeper integration will help African economies diversify away from primary commodities and build resilience against external shocks, long-standing vulnerabilities that have limited growth across the continent.
Kale said digital transformation is now the most powerful lever to unlock the AfCFTA’s potential, as African economies still face fragmented markets, high logistics costs, weak trade data systems and cross-border payment frictions.
He argued that digital tools—from automated customs processing to e-commerce platforms and blockchain-enabled documentation—could sharply cut transaction costs and improve market access for Nigerian firms.
“Digital innovation is therefore not just the engine of trade—it is the new highway on which African commerce will travel,” he said. “Those who build and use this highway early will lead tomorrow’s markets.”
He cited Rwanda’s digital single-window system, which cut export processing times by more than 90%, and Africa’s mobile-money infrastructure, which handles more than $800 billion annually, as examples of what digital trade systems can deliver at scale.
Kale also highlighted the Pan-African Payment and Settlement System (PAPSS), which enables cross-border payments in local currencies and is expected to save African businesses billions in conversion costs.
He illustrated the transformative impact of digital tools with the story of a young leather-goods exporter from Kano who turned a small operation into a cross-continental business after adopting digital trade platforms and digital payments. “Her success is a clear example of how digital innovation can turn local ambition into continental and global opportunity,” he said.
Nigeria, he added, has the natural ingredients to lead Africa’s digital trade surge, including a young population, a fast-growing technology sector, and entrepreneurs who are already building products for global markets.
“We are a nation of entrepreneurs, creators and problem-solvers, and our demographic advantage is unmatched,” Kale said.
With 65% of Nigerians under age 25, he said the country’s youth “are founding technology start-ups, writing software code, designing digital solutions, and shaping entirely new industries.”
Afreximbank, he disclosed, intends to play a catalytic role by financing trade and investment, strengthening regional value chains and rolling out digital infrastructure through the Africa Trade Gateway (ATG).
The Gateway integrates trade information, due-diligence tools, market insights and secure payment systems—capabilities he described as essential for businesses aiming to scale across Africa.
Kale said Nigeria’s leadership is already evident with the launch of the Abuja Afreximbank African Trade Centre (AATC), which he described as both a strategic asset and symbolic commitment to modernising Africa’s trade architecture.
The centre combines conference facilities, SME incubation hubs, trade-information services and access to the ATG under one roof, and is the first in a planned network of one-stop trade centres across Africa and the diaspora.
Urging policymakers and private-sector leaders to seize the moment, Kale stressed, “If we commit to digital transformation, to collaboration, and to bold, forward-looking action, then Africa will not only participate in the global economy—we will shape it.”
He further argued that a digitally integrated continent would unlock new opportunities for farmers, creatives, SMEs and young innovators. “This is not a distant dream,” he said. “It is a future within our reach.”
News
Firm Detected Half a Million Malicious Files Daily in 2025

Kaspersky’s detection systems discovered an average of 500,000 malicious files per day in 2025, marking a 7% increase compared to the previous year. Certain types of threats saw growth globally – there was a 59% surge in password stealer detections, a 51% growth in spyware detections, and a 6% growth in backdoor detections compared to 2024.

Windows remains the primary target for cyberattacks. 48% of users on Windows were targeted by different types of threats throughout 2025. For Mac users, this figure stands at 29%.
Web threats
Globally, 27% of users were attacked with web threats – these refer to malware that targets users when they are online. Web threats are not limited to online activity, but ultimately involve the Internet at some stage for inflicted harm. In Latin America, 26% of users were attacked by web threats in 2025, while this share reached 25% in Africa, 21% in Europe and 19% in the Middle East.
On-device threats
33% of users were attacked with on-device threats. These include malware that is spread via removable USB drives, CDs and DVDs, or that initially makes its way onto the computer in non-open form (for example, programs in complex installers, encrypted files, etc.). Africa headed the rating with 41% of users attacked with this type of threat; APAC reached 33%, Middle East – 32%, Latin America – 30%, and Europe 20%.
“The current cyberthreat landscape is defined by increasingly sophisticated attacks on organisations and individuals around the world. One of the most significant revelations made by Kaspersky this year was the resurgence of the Hacking Team after its 2019 rebranding, with its commercial spyware Dante used in the ForumTroll APT campaign, incorporating zero-day exploits in Chrome and Firefox browsers.
Vulnerabilities remain the most popular way for attackers to get into corporate networks, followed by using stolen credentials – hence the rise in password stealers and spyware we see this year. Supply chain attacks are also common, including attacks on open-source software.
This year the number of such attacks increased significantly, and we even saw the first widespread NPM worm Shai-Hulud,” comments Alexander Liskin, Head of Threat Research at Kaspersky.
“This increasingly complex threat landscape makes implementing robust cybersecurity strategies vital for organisations, as failure to do so can lead to months of downtime in the event of attacks. Individual users should also always use reliable security solutions, otherwise they put not only their data and money at risk, but also those of the organisations where they work.”
News
SEC to Enhance Investor Engagement with USSD Code, ISS Audio

The Securities and Exchange Commission (SEC) is set to unveil two innovative products – a USSD Service and ISA Audio – designed to democratise information dissemination and enhance investor engagement. This is in line with the SEC’s commitment to deepening market accessibility.

According to the Commission, the products unveiling will take place at the forthcoming Capital Market Committee Meeting scheduled for December 8 in Lagos, while the regular interface with journalists is expected to take place on December 9, 2025.
The SEC disclosed that the forthcoming CMC will interrogate critical themes germane to the sustainable development of Nigeria’s capital market. Central to these deliberations include discussion on global macroeconomic dynamics and their transmission effects on domestic financial markets, as well as the importance of cross-border financial integration within the African context.
“Equally salient are discourses on unlocking pension fund investments, enhancing market liquidity, and stimulating innovation through targeted regulatory reforms.
“A significant component of the programme will be devoted to evaluating the trajectory of the Capital Market Master Plan (CMMP). This will encompass a comprehensive review of key achievements and the formal sunset of the 2025 CMMP, alongside the articulation of a strategic framework for the 2030 CMMP Plan” the Commission stated.
Furthermore, the agenda incorporates an analytical session on Nigeria’s recent tax reform legislation and its implications for capital market efficiency and investor confidence.
The SEC said, Collectively, these discourses and initiatives underscore the strategic resolve to reposition the Nigerian capital market as a catalyst for inclusive and sustainable economic growth, consistent with national development objectives and global best practices.
The CMC is an industry-wide body comprising the SEC, capital market operators, trade groups, and other stakeholders.
It serves as a pivotal platform for dialogue, facilitates the exchange of ideas, addresses key issues impacting market growth and organisation, and collaborates on shaping the market’s future.
The committee was established primarily as a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.
The meeting is expected to draw CEOs from all registered capital market firms, including brokers/dealers, investment advisers, custodians, fund/portfolio managers, and more.
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