News
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
NITDA Explores Partnership with Trust Stamp on Digital Trust and Innovation

By Naeemah Junaid
The National Information Technology Development Agency (NITDA) has held strategic discussions with representatives of Trust Stamp, a NASDAQ-listed global technology company, to explore potential areas of partnership aimed at strengthening Nigeria’s digital trust framework and advancing innovation within the digital economy.

The meeting, chaired by NITDA Director General, Kashifu Inuwa Abdullahi, focused on identifying collaborative opportunities aligned with Nigeria’s digital transformation agenda and the Agency’s strategic priorities for building a secure, inclusive, and innovation-driven digital ecosystem.
Inuwa emphasised that trust remains a critical foundation for the growth of the digital economy, noting that secure systems and strong cybersecurity frameworks are essential for driving innovation, economic growth, and national development. He stated that building trust in digital platforms and services is key to accelerating adoption and unlocking opportunities across sectors.
He reiterated NITDA’s mandate as a regulator to create an enabling environment through forward-looking policies and regulatory frameworks that support innovation rather than promote specific technologies. According to him, government interventions are designed to stimulate markets, create opportunities, and empower both businesses and citizens to participate fully in the digital economy.
The Director General further reaffirmed Nigeria’s openness to investments that strengthen digital infrastructure and enhance digital services, stressing that sustainable national development is best driven by private sector participation under supportive regulatory and policy frameworks. He called for continued engagement to ensure alignment with national priorities and effective integration into Nigeria’s digital ecosystem.
In his remarks, Trust Stamp Vice President, Jonathan Pasha, highlighted the company’s global experience in secure verification and trust technologies, describing its approach as partnership-oriented and focused on delivering long-term value within local ecosystems. He noted that the company prioritises collaboration with governments and private sector stakeholders to address local challenges and expand access to secure digital services.
Pasha referenced Trust Stamp’s ongoing operations in Nigeria, including its collaboration with a telecommunications provider to enhance SIM swap prevention and fraud detection capabilities. He also outlined the firm’s biometric tokenisation technology, which converts biometric data into secure, privacy-preserving representations, enabling verification processes without exposing sensitive information.
He explained that the technology supports secure verification, fraud prevention, financial inclusion initiatives, and the tokenisation of real-world assets, while being designed to function effectively in low-connectivity environments and on low-specification devices to expand access to digital services.
Both parties expressed interest in advancing technical-level discussions to identify specific areas of collaboration aligned with national priorities and Nigeria’s digital transformation objectives.
NITDA reaffirmed its commitment to fostering a secure and trusted digital economy through strategic partnerships, robust regulatory frameworks, and initiatives that promote innovation, inclusion, and sustainable growth.
News
Geocycle, Ecobag Mart, Leovia Farms emerge winners at Greenlabs Demo Day

Three youth-led startups — Geocycle, Ecobag Mart and Leovia Farms — have emerged top winners at the Greenlabs Cohort 2 “Powering Food Systems” Demo Day, securing pre-seed funding to scale solutions targeting Nigeria’s food insecurity, post-harvest losses and climate pressures.

CADEF
The Demo Day, hosted under the Greenlabs Incubation Programme powered by the Consumer Advocacy and Empowerment Foundation (CADEF) in partnership with Jacobs Ladder Africa (JLA), spotlighted 16 innovators selected through a nationwide call and intensive mentor-guided screening process.
Organisers said the winning solutions stood out for their scalability, environmental sustainability and potential to strengthen fragile agricultural value chains. The pre-seed support will fund prototype refinement, business registration, market validation and early commercial deployment.
Other finalists showcased at the event included Agricool and Dry Heat Solutions, with all participants advancing into a structured nine-month incubation programme focused on enterprise development, expert mentorship and access to growth resources aimed at transforming early-stage ideas into viable green businesses.
Delivering the keynote on behalf of the Permanent Secretary, Ministry of Agriculture and Food Systems, Emmanuel Audu Fatai described the emergence of the winners as proof that youth innovation is becoming central to Africa’s food future.
According to him, the continent’s vast agricultural potential continues to coexist with food shortages, climate stress and weak value chains, making technology-driven and energy-efficient solutions critical to achieving sustainable food security.
Executive Director of CADEF, Prof. Chiso Ndukwe-Okafor, said the selection of the three winners reflects the programme’s shift from ideas to impact-driven enterprises capable of creating jobs and delivering measurable community value.
She added that beyond funding, the incubation framework is designed to instil financial discipline, integrity and long-term business sustainability among participating founders.
Chief Innovation Officer at Jacobs Ladder Africa, Karen Chelang’at, noted that the winning solutions directly address real food-system failures through renewable-energy integration, loss reduction and productivity improvement across sectors such as poultry, aquaculture and agricultural logistics.
She emphasised that the ultimate measure of success will be the ability of the startups to achieve market readiness, scale operations and generate tangible economic and environmental impact.
Organisers stressed that while policy support remains important, cross-sector collaboration and youth-driven enterprise will play a decisive role in building resilient food systems and advancing Nigeria’s transition to a green economy.
With incubation now underway and funding secured, the emergence of Geocycle, Ecobag Mart and Leovia Farms marks a significant step toward translating youth innovation into practical solutions for Nigeria’s food and climate challenges.
News
NDIC Moves to Boost Customers’ Confidence in Nigerian Banks

The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to safeguarding the nation’s financial system, announcing that its recent upward review of the maximum deposit insurance coverage now protects about 99% of depositors in the Country.

Kabir Katata, Executive Director (Operations), NDIC, stated this on Wednesday at the Corporation’s 2025 Stakeholders’ Town Hall Meeting held in Enugu.
Katata, while speaking on the theme, “Deepening Stakeholder Engagement,” said the policy to expand deposit insurance coverage was deliberately designed to protect small savers, promote financial inclusion and strengthen public confidence in the banking sector.
He explained that the town hall meeting was aimed at engaging stakeholders across various sectors, including academia, market associations and civil society groups.
“The essence of this town hall meeting is to interact with our stakeholders, tell them what we do and listen to their questions so they can better understand the role NDIC plays in society. We guarantee depositors’ funds and supervise banks to ensure that depositors are protected”, he said.
Katata noted that following the 2024 review of deposit insurance coverage, depositors in Deposit Money Banks (DMBs), Mobile Money Operators (MMOs) and Non-Interest Banks (NIBs) are now insured up to N5 million per depositor.
Similarly, depositors in Microfinance Banks (MFBs), Primary Mortgage Banks (PMBs) and Payment Service Banks (PSBs) now enjoy insurance coverage of up to N2 million per depositor.
“This means that in the event of a bank failure, depositors are promptly paid up to the insured limit,” he said.
He added that depositors with balances exceeding the insured limit would receive the initial insured sum, while the outstanding balance would be paid as liquidation dividends upon realisation of the failed bank’s assets and recovery of debts.
Highlighting improvements in the payout process, Katata referenced the recent resolution of defunct institutions, including Heritage Bank Limited, Union Homes PLC and Aso Savings and Loans PLC.
He said that the Corporation successfully leveraged the Bank Verification Number (BVN) as a unique identifier to trace depositors’ alternative accounts and transfer insured sums within days of bank closures.
“I urge all depositors to ensure that their BVN is properly linked to their bank accounts and identity records. This greatly facilitates seamless and timely access to insured deposits in the event of bank failure,” he advised.
Katata emphasised that although the NDIC works closely with the Central Bank of Nigeria (CBN) to ensure sound corporate governance and regulatory compliance in banks, financial system stability remains a shared responsibility.
“While the CBN and NDIC continue to strengthen oversight, depositors also have a responsibility to remain vigilant and well-informed,” he said.
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