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North West, North-East to get €300m EU projects
North West, North-East to get €300m EU projects
The European Union has pledged the sum of 300 million euros for new projects in the North-West and North-East of Nigeria.
The EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, made this known at the 2025 annual Europe Day celebration in Abuja.
Mr Mignot said that the EU and Nigeria shared a dream of a better, rule-based, more prosperous, sustainable, equal world, reflecting the realities and needs of the 21st century.
According to him, for this dream to come true, both must work together and as both have a major role to play in Africa and the world.
He stated. “Since my arrival last September, I see a concrete progress daily in our partnership through the roll-out of our EU Global Gateway strategy to offer more opportunities to the people, specially, the women and the youth, through the 300 million euros of new projects that we are launching this year in the North-West and the North-East. I also see our common willingness to enhance our relations, particularly in trade and investment for which we are proud to be your number one partner. In this fast-changing world, the EU is for Nigeria a stable and reliable partner and so is Nigeria for us.’’
Speaking further on partnership, the envoy said that the bloc was building the same partnership with its sister organisation ECOWAS.
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He added that the bloc was seeking the same alliance with Africa as a whole, adding that foreign ministers from the bloc would meet in Brussels to prepare for the EU-AU summit.
“The summit will be held later this year and to also celebrate our 25th years of partnership, which is second to none in all areas,’’ Mr Mignot said.
The Minister of Budget and Economic Planning, Atiku Bagudu, lauded the EU for the additional support of 300 million euros dedicated for new projects in the two regions.
He said that the partnership and values that Nigeria and the EU shared helped in addressing restiveness due to some of the empowerment initiatives they created for Nigerian youths.
Mr Bagudu said. “Today is not just the affirmation of values that transcends borders, peace, solidarity, mutual respect and partnership for sustainable development. These are values which the EU has championed and which Nigeria, the largest economy and democracy, both shares. Over 60 years, the relationship between EU and Nigeria has flourished in depth and breadth from trade, investment to governance reforms, public health, education, digital economy and climate action.
“The EU intervention in the Niger Delta and the North-East in supporting peace building initiatives and the restoration of livelihood and youth empowerment programmes has helped to reduce restiveness and in educational challenges. In recent years, EU continue to be a strategic partner in our nation’s developmental priorities, including our national development plan 2021-2025 and the new Hope Agenda of President Bola Tinubu.’’
North West, North-East to get €300m EU projects
(NAN)
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News
FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme
FG Overhauls NYSC After 53 Years, Approves Civilian Leadership, Skills-Based Service Scheme
The Federal Government has approved the most far-reaching overhaul of the National Youth Service Corps (NYSC) since its establishment 53 years ago, paving the way for a civilian-led, skills-driven service scheme designed to equip graduates for employment, entrepreneurship and national development.
The landmark reform, approved by the Federal Executive Council (FEC), will see the NYSC transition from military operational leadership to civilian management, while the military will retain responsibility for the security of corps members. The reforms also introduce specialised career streams, expanded vocational training and a new orientation camp structure aimed at producing a workforce capable of supporting Nigeria’s ambition of building a $1 trillion economy.
To fast-track implementation, FEC directed the Attorney-General of the Federation and the Ministry of Youth Development to amend the NYSC Act and other relevant regulations to reflect the approved changes.
Speaking on the reform, the Special Adviser to the President on Policy Coordination, Hadiza Bala Usman, said the review was necessary to reposition the scheme as a modern institution focused on youth empowerment, skills development and productivity.
She explained that the reforms would strengthen Nigeria’s human capital by aligning the NYSC with the country’s economic priorities.
According to her, the review covers virtually every aspect of the scheme, including registration, deployment, security considerations, orientation camp activities and post-service opportunities.
Under the new model, corps members will undergo a redesigned six-week orientation programme. The first two weeks will focus on civic responsibility, national values and leadership development. The next two weeks will cover career mapping, financial literacy, business planning and access to finance, alongside a structured career engagement programme with employers and public institutions.
The final two weeks will be dedicated to specialised training based on each corps member’s academic background, career interests and chosen service stream.
Bala Usman disclosed that the government has created 11 specialised NYSC streams from which participants will choose during registration.
The streams include Agric Corps, Medical Corps, Education Corps, Tech and Digital Corps, Legal Corps, Public Service Corps, Infrastructure Corps, Green Corps, Enterprise Corps, Creative Economy Corps, and Paramilitary and Security Corps.
She said each stream would offer targeted training designed to prepare graduates for careers in critical sectors of the economy.
According to her, the reform represents the first comprehensive review of the NYSC since its creation in 1973 and reflects President Bola Tinubu’s commitment to transforming the scheme into a platform for building skilled manpower capable of driving economic growth.
The NYSC was established by Decree No. 24 of May 22, 1973, in the aftermath of the Nigerian Civil War to foster national unity, integration and reconciliation among Nigerian youths.
The scheme is currently headed by Brigadier General Olakunle Nafiu but will, under the approved reforms, transition to civilian operational leadership once the necessary legal amendments are completed.
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BREAKING: Gunmen Kill Teacher, Abduct Scores of Students in Borno School Attack
BREAKING: Gunmen Kill Teacher, Abduct Scores of Students in Borno School Attack
Lassa, Borno State – In a brazen daylight assault on Monday, suspected Boko Haram and Islamic State West Africa Province (ISWAP) terrorists attacked Government Day Secondary School in Lassa, Askira/Uba Local Government Area, killing a teacher and abducting an unspecified number of students who were writing the National Examinations Council (NECO) Senior School Certificate Examination.
The attackers reportedly stormed the school at about 9 a.m., arriving on motorcycles through the busy weekly market in the border community near Adamawa State. They fired sporadically into the air, causing pandemonium among students, teachers, and residents before whisking away an unknown number of candidates into the surrounding bush. A teacher was confirmed dead during the assault, while another sustained gunshot injuries. Some unconfirmed reports from residents claimed two teachers and one female student may have been killed.
The Borno State Police Command confirmed the incident, stating that security operatives confronted the attackers to prevent a larger-scale abduction. According to police sources, an unspecified number of Boko Haram and ISWAP terrorists attacked the secondary school and shot sporadically into the air. During the attack, an unspecified number of students were abducted, while some are still missing. The Police Commissioner has deployed the Area Commander in Askira/Uba, who is currently coordinating a search-and-rescue operation with military personnel and the Civilian Joint Task Force combing the surrounding forests. The command could not immediately confirm reports of fatalities among the victims.
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Residents reported that the attackers wore military and forest guard uniforms and passed through a military checkpoint without detection. One eyewitness claimed that Nigerian military troops stationed in the area had left on a patrol to the nearby town of Uba, approximately 16 kilometers away, just before the insurgents struck. “The soldiers were not around when the terrorists invaded. They came in large numbers, firing sporadically and causing panic everywhere. They took away students writing NECO and their teachers,” a resident who fled the scene said. Lassa, though in Borno State, is predominantly inhabited by the Margi people, who are found in both Borno and Adamawa states. The town’s proximity to the Adamawa border has historically made it vulnerable to cross-border attacks.
The attack is the latest in a series of mass abductions targeting schools in Nigeria’s troubled North-East region. Since the infamous abduction of 276 Chibok schoolgirls in 2014, the mass kidnapping of students has become a recurring pattern, with over 1,680 students abducted across Nigeria over the years. Just last month, suspected Boko Haram terrorists attacked Mussa Primary and Junior Secondary School in Askira/Uba Local Government Area, abducting 42 students and pupils. That incident included four secondary school students, 28 primary school pupils, and 10 children abducted from their homes.
Terrorist groups such as Boko Haram and ISWAP have increasingly used mass abductions to assert dominance over the government and local communities. While Boko Haram primarily employs abductions as a tool of terror and intimidation, groups like ISWAP leverage kidnappings for strategic objectives, including generating revenue through ransom demands and bolstering their influence and power. For criminal groups, mass school abductions have become a commercialized industry—a lucrative, low-risk crime amid Nigeria’s multifaceted economic crisis. Perpetrators exploit weak state capacity and cross-border safe havens to abduct students and teachers for ransom.
As of press time, neither the Borno nor Adamawa State governments had released official statements on the attack, and no group had claimed responsibility. Efforts to ascertain the exact number of students and teachers abducted continue as security forces intensify search operations in the surrounding forests.
BREAKING: Gunmen Kill Teacher, Abduct Scores of Students in Borno School Attack
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FCCPC Warns Petrol Marketers Against Exploitative Pricing, Threatens Sanctions
FCCPC Warns Petrol Marketers Against Exploitative Pricing, Threatens Sanctions
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to petroleum marketers across the country, cautioning them against exploitative pricing of Premium Motor Spirit (PMS), popularly known as petrol, and vowing to sanction operators found engaging in unfair market practices.
The Commission expressed concern over the continued high retail price of petrol despite recent improvements in global crude oil prices and local supply conditions, insisting that consumers should begin to benefit from changing market realities.
The warning comes amid growing public dissatisfaction over the cost of fuel, which has remained significantly high months after international oil prices stabilised and supply chain disruptions eased.
According to the FCCPC, the sharp increase in petrol prices witnessed earlier this year was largely driven by rising crude oil prices triggered by geopolitical tensions in the Gulf region between April and May. During the period, pump prices of petrol surged to between ₦1,350 and ₦1,500 per litre in many parts of Nigeria, while diesel prices climbed to almost ₦2,000 per litre.
The Commission recalled that before the market disruptions, petrol sold for between ₦800 and ₦900 per litre in February. However, despite relative stability returning to the international oil market and improvements in domestic supply, the average retail price of petrol has remained around ₦1,200 per litre nationwide.
The FCCPC noted that current pricing by some local refineries suggests there should be greater room for downward adjustments in retail pump prices. According to the Commission, several domestic refiners are presently selling petrol at gantry prices ranging between ₦1,025 and ₦1,075 per litre, a development that should ordinarily encourage more competitive pricing among marketers.
While acknowledging that the pricing of petroleum products is influenced by multiple economic variables, including foreign exchange rates, transportation costs, financing expenses, refining costs and distribution logistics, the Commission maintained that these factors do not justify arbitrary or exploitative pricing.
It stressed that the deregulation and liberalisation of Nigeria’s downstream petroleum sector do not grant marketers unrestricted freedom to impose excessive prices on consumers.
Speaking on behalf of the Commission, Mr. Bello emphasised that operators in the downstream petroleum industry remain bound by the provisions of the Federal Competition and Consumer Protection Act, regardless of the liberalised nature of the market.
He said market liberalisation must go hand in hand with fair competition and responsible business conduct, warning that the Commission would not hesitate to investigate any credible allegation of anti-competitive practices or consumer exploitation.
According to him, “Market liberalisation does not diminish businesses’ obligations to compete fairly or consumers’ right to fair treatment. Where credible evidence indicates conduct that undermines competition, exploits consumers or otherwise contravenes the Federal Competition and Consumer Protection Act, the Commission will investigate and take appropriate enforcement action.”
The FCCPC further warned that any evidence of price fixing, collusion among marketers, cartel behaviour or other anti-competitive agreements designed to keep fuel prices artificially high would attract severe regulatory sanctions.
The Commission also called on Nigerians to play an active role in protecting consumer rights by reporting suspicious pricing patterns, misleading price claims and other unfair market practices through its official complaint channels.
Industry observers believe the Commission’s intervention could increase regulatory scrutiny in the downstream petroleum sector, particularly as Nigerians continue to grapple with the rising cost of living and demand greater transparency in fuel pricing.
The FCCPC reiterated its commitment to promoting fair competition, protecting consumers from exploitation and ensuring that the benefits of market liberalisation are reflected in competitive prices rather than excessive profit-taking at the expense of ordinary Nigerians.
FCCPC Warns Petrol Marketers Against Exploitative Pricing, Threatens Sanctions
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