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Be patient to enjoy economic reform benefits, Tinubu tells Nigerians

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Democracy Day: Tinubu Unveils Security, Economic Plans, Honours June 12 Heroes
President Bola Ahmed Tinubu

Be patient to enjoy economic reform benefits, Tinubu tells Nigerians

President Bola Tinubu said on Monday that despite the hardships caused by the elimination of fuel subsidies and other economic reforms implemented by his administration, Nigerians will soon reap the fruits of their efforts. 

Tinubu made the statement during his speech at the 2024 Annual National Management Conference of the Nigerian Institute of Management (Chattered), which was held in Port Harcourt, Rivers State, under the topic ‘Economic Stability and National Security: Contending Issues and the Way Forward’.

The President, who was the event’s Special Guest of Honour and was represented by the Federation’s Head of Service, Didi Esther Walson-Jack, emphasised that the choices were intended to stabilise the poor economy that he inherited.

He stated that in the short time he has been in charge of guiding the nation’s ship, his administration has made major gains in diversifying the economy, including large investments in important sectors such as agriculture, technology, and renewable energy.

He stated, “In the bid to quickly kick-start and stabilise the weak economy that we inherited, we have taken some hard decisions through the economic reforms introduced so far, such as the floating of the naira and the removal of fuel subsidies.

“We recognise the fact that the pains occasioned by these reformative economic policies have been biting hard on the citizenry, but we are convinced that the nation’s economy and the Nigerians will start reaping the benefits of all the sacrifices in no distant time.”

He described the event as a gathering of great minds dedicated to advancing excellent management practices in Nigeria, with a large number of professional managers representing decision-makers in both the public and commercial sectors of the country’s economy.

“Let me begin by expressing my sincere appreciation to the Nigerian Institute of Management for their invaluable contributions to the development of our nation. Your commitment to excellence in management is vital, for it is through good management that we can unlock the full potential of our resources and human capital.

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“The theme of this conference, ‘Economic Stability and National Security: The Contending Issues and the Way Forward’, is apt and relevant towards charting a new course and national rebirth for the country in line with the eight-point agenda of the Federal Government aimed at turning around the economy and making life easier for the citizenry,” Tinubu added.

While recognising that the country is at a crossroads where the relationship between economic health and national security cannot be exaggerated, he stated that these two pillars were inextricably intertwined, saying, “Our strategy must reflect that fact.

“By choosing this theme as the focus of this year’s conference, the Institute has further demonstrated that it is committed to supporting the Federal Government in achieving its drive to reposition and turn around the nation’s economy and set it on the path of real development and progress. You have indeed proven, once again, to be partners in progress with the government.”

He stated that in addition to economic disadvantages, the country suffers a multitude of security concerns, including terrorism, banditry, kidnapping, and communal confrontations, which demand a diversified approach to address them.

“It is imperative that we adopt a multifaceted approach to both economic and security challenges. We must enhance our intelligence capabilities, strengthen community policing, and ensure that our security forces are adequately equipped.

“Moreover, addressing the root causes of insecurity such as poverty, unemployment, and inadequate education is essential to ensuring lasting peace,” Tinubu said.

While praising the NIM’s efforts and support for national development, which he believes the organisation has proved through public policy advocacy and other programs, he urged the institute to increase its presence in public portions of the National Assembly.

“I further challenge the Institute to improve its visibility at public sessions of the National Assembly when bills are being considered so as to make more robust professional management input that will be most relevant in the public domain.

“The Federal Government will appreciate the involvement of the institute in the key function areas of governance where the services of professional bodies are needed.”

 

Be patient to enjoy economic reform benefits, Tinubu tells Nigerians

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Oyo Muslim Leaders Receive Saudi Delegation, Intensify Drive for Muslim College of Nursing

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Oyo Muslim Leaders Receive Saudi Delegation, Intensify Drive for Muslim College of Nursing

OYO, August 1, 2026 – Muslim leaders in Oyo Kingdom on Saturday received a high-powered delegation from the Kingdom of Saudi Arabia in a visit that underscored growing collaboration in education, healthcare and Islamic development, with renewed commitment towards the establishment of a Muslim College of Nursing in Oyo.

The delegation was accorded a warm reception at a gathering attended by prominent Islamic scholars and community leaders from Oyo Land.

Among the dignitaries present were the Grand Chief Imam of Oyo Land, Fadhilatu Shaykh Imam Bilaal Husayn Akinola Akeugberu; Ash-Shaykh Sulayman Akhyar, who served as the special guest; Ash-Shaykh Mainasaro, the Ameerul Muslimeen; the Aare Musulumi of Oyo Land, Alhaji Adebayo Kamarise; the Chairman of the Muslim Community of Oyo Land; Khalifa Hasbunallah Al-Oyowiyy; and several other religious leaders and stakeholders.

The gathering focused on mobilising support for the proposed Muslim College of Nursing, an initiative aimed at expanding access to quality healthcare education while promoting excellence in professional training within the Muslim community.

In his welcome address, the Grand Chief Imam of Oyo Land, Shaykh Bilaal Husayn Akinola Akeugberu, expressed appreciation to the Saudi delegation and other distinguished guests for identifying with the vision of establishing the institution. He described the proposed college as a strategic investment in human capital development that would benefit not only Muslims but the wider society.

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Also present at the event were the Muslim Ummah of Oyo Land and Fadhilatu Shaykh Dr. Rofeeu Adisa Ballo, who joined other leaders in reaffirming their commitment to ensuring the successful establishment and growth of the proposed college.

Speakers at the event stressed the importance of strengthening educational and healthcare institutions capable of producing highly skilled professionals while nurturing moral and ethical values rooted in Islamic teachings.

Special prayers were offered for the success of the proposed institution, with participants praying that Almighty Allah bless the sponsors, donors, scholars and all individuals contributing to the realisation of the project.

The visit also featured discussions on strengthening the longstanding relationship between the Muslim community in Oyo Kingdom and the Kingdom of Saudi Arabia. Participants emphasised the need for sustained cooperation in religious, educational and humanitarian programmes aimed at advancing the welfare of the Muslim Ummah.

In a symbolic gesture that drew commendation from attendees, the Grand Chief Imam granted approval for the head of the Saudi delegation to lead the Jumu’ah prayer at the Oyo Central Mosque, Akesan.

The honour, according to participants, reflected the spirit of Islamic brotherhood, mutual respect and unity among Muslims across national boundaries.

Addressing the gathering, the Chief Imam reiterated that Islam encourages peace, dialogue and cooperation among believers, urging Muslim communities around the world to work together in promoting justice, harmony and understanding.

He said such partnerships remain essential to addressing contemporary challenges through education, religious enlightenment and community development.

Responding on behalf of the delegation, its leader expressed gratitude to the Chief Imam, traditional Muslim leadership and the people of Oyo for the warm reception accorded the visitors.

He described the opportunity to lead the Jumu’ah prayer as a great honour and reaffirmed Saudi Arabia’s commitment to strengthening religious cooperation and supporting initiatives that promote peace, unity, education and mutual understanding among Muslims.

The delegation noted that collaborations centred on education and healthcare development would contribute significantly to the growth of Muslim communities and the overall advancement of society.

The event concluded with prayers for enduring peace, stability and prosperity in Nigeria, Saudi Arabia and the global Muslim Ummah.

Participants described the visit as a landmark engagement that not only reinforced the bonds of brotherhood between Oyo Muslims and their Saudi counterparts but also provided renewed momentum for the actualisation of the Muslim College of Nursing, which they said would serve generations of students and healthcare professionals.

Oyo Muslim Leaders Receive Saudi Delegation, Intensify Drive for Muslim College of Nursing

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CJN orders lawyers to stop using ‘Barrister’ before their names

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Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun

CJN orders lawyers to stop using ‘Barrister’ before their names

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has directed lawyers, court officials and other personnel to stop using the title “Barrister” as a prefix to their names in official dealings connected with the Supreme Court of Nigeria.

The directive was contained in a memorandum dated July 13, 2026, signed by the Chief Registrar of the Supreme Court, Kabir Akanbi, and addressed to litigation staff, legal practitioners, court registrars and lawyers.

According to the circular, the use of “Barrister” before a person’s name is considered inappropriate and inconsistent with the professional standards expected within Nigeria’s apex court.

The directive takes immediate effect and applies to official correspondence, court records, documents, identity materials and other formal engagements involving the Supreme Court.

The memorandum stated:

“I am directed by the Honourable the Chief Justice of Nigeria to notify all Litigation Staff, Legal Practitioners, Court Registrars, and Lawyers that the use of the title ‘Barrister’ as a prefix to names is inappropriate and inconsistent with the standards of professionalism expected within the Supreme Court of Nigeria.”

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The circular directed all affected persons to immediately stop using the title in official materials and communications.

It added:

“Consequently, all officers concerned are hereby directed to discontinue the use of the title ‘Barrister’ before their names in all official correspondence, records, documents, identity materials, and any other official engagements with immediate effect.”

To ensure compliance, heads of departments and unit heads were instructed to monitor officers under their supervision and ensure that the directive is fully implemented.

The memorandum stated:

“Heads of Departments and Unit Heads are requested to ensure strict compliance with this directive by all officers under their supervision. Please be guided accordingly.”

The directive is specifically focused on official dealings within the Supreme Court. Based on the wording of the memorandum, it does not amount to a nationwide ban on the use of “Barrister” by lawyers in private, social or non-Supreme Court settings.

The move is expected to generate discussion within Nigeria’s legal community, where the title “Barrister” is commonly used before the names of legal practitioners.

Supporters of the directive may view it as an effort to promote professional uniformity and align official communication with established legal and institutional standards.

The development also follows recent efforts by legal authorities to protect the integrity and professional standards of the legal profession.

The Council of Legal Education (CLE) recently warned aspiring lawyers against wearing wigs and gowns or presenting themselves as qualified legal practitioners before they are formally called to the Nigerian Bar.

The council maintained that legal regalia and professional representation are regulated and should be reserved for persons who have completed the required process and have been formally admitted to practise law.

The warning was aimed at preventing the misuse of legal titles and professional symbols and preserving the dignity of the legal profession.

The latest Supreme Court directive is expected to affect how lawyers and court personnel present their names in official documents and communications involving the apex court.

Affected individuals may now be required to use their names without the “Barrister” prefix in Supreme Court correspondence, records, identity materials and other official engagements.

CJN orders lawyers to stop using ‘Barrister’ before their names

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FG to phase out electricity subsidy from 2027 as power sector debts rise

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FG to phase out electricity subsidy from 2027 as power sector debts rise

FG to phase out electricity subsidy from 2027 as power sector debts rise

The Federal Government has announced plans to gradually phase out electricity subsidies from 2027 as part of efforts to address rising debts in the power sector, improve financial sustainability and strengthen electricity supply across the country.

Minister of Power Joseph Tegbe disclosed the plan during a media interactive session on Friday, saying the government would introduce the changes gradually while ensuring that Nigerians continue to have access to electricity.

Tegbe said the Federal Government had received a mandate from President Bola Tinubu to clear outstanding debts in the electricity industry and establish a sustainable system that would prevent the accumulation of new obligations.

“We have the mandate of Mr President to clear the legacy debt and come up with sustainable structures to make sure this doesn’t pile up any more,” the minister said.

He expressed confidence that the government would bring an end to the current electricity subsidy arrangement in 2027 while working to improve the quality and reliability of power supply.

“I promise you, next year, by God’s grace, we will put a stop to this so-called subsidy in the power sector,” Tegbe said.

The minister assured consumers that the planned reforms would not result in a loss of access to electricity services.

According to him, the government’s objective is to reduce the financial burden created by the subsidy system while improving the performance of the electricity sector.

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“Mr President, we will not deprive Nigeria of anything. We’ll make sure Nigerian consumers continue to have power and improve power services,” he added.

Tegbe also stated that there was no immediate plan to increase electricity tariffs, despite concerns that the proposed phase-out of subsidies could lead to higher electricity bills.

However, the minister did not provide details on the timetable for the subsidy withdrawal, the categories of consumers that may be affected or the measures that would be introduced to protect low-income and vulnerable households.

The planned reform comes amid growing concerns over the financial challenges facing Nigeria’s electricity industry.

The Federal Government previously estimated the cost of electricity subsidies at about ₦3 trillion as of February 2024, while power generation companies, known as GenCos, have continued to report significant unpaid obligations.

The Association of Power Generation Companies has said electricity generation companies are owed about ₦6.5 trillion, raising concerns about the financial health of the sector and its ability to sustain electricity generation.

The outstanding debts include unpaid invoices and other obligations linked to electricity supplied to the national grid.

To address the problem, President Tinubu recently approved a ₦4 trillion power sector debt reduction programme aimed at settling verified legacy debts and improving liquidity across the electricity value chain.

The programme is expected to support the payment of outstanding obligations owed to power generation companies and other participants in the sector.

In January 2026, the Federal Government issued an inaugural ₦501 billion bond under the Presidential Power Sector Debt Reduction Programme.

The bond was designed to help settle verified debts owed to electricity generation companies and support efforts to stabilise the sector.

On July 20, the government announced a second tranche of about ₦729 billion to settle additional verified debts owed to power generation companies.

The debt-settlement programme is expected to reduce financial pressure on electricity producers and improve their capacity to maintain operations, pay gas suppliers and invest in power infrastructure.

The proposed subsidy phase-out also aligns with recommendations by the International Monetary Fund (IMF), which has encouraged Nigeria to gradually reduce broad electricity subsidies and adopt more targeted support for households that need assistance.

Supporters of the reform argue that reducing subsidies could improve the financial viability of the electricity market, attract private investment and help power companies maintain and expand infrastructure.

However, consumer groups and businesses have raised concerns that higher electricity costs could increase financial pressure on households and raise operating expenses for companies.

The impact of the proposed reform may depend on the government’s ability to improve electricity supply, expand access to prepaid meters, reduce estimated billing and ensure that consumers receive better services.

Earlier this year, President Tinubu also directed ministries, departments and agencies to apply existing electricity laws in determining how subsidy costs should be shared among the federal, state and local governments in the 2026 budget.

The move is expected to support a more coordinated approach to electricity financing following reforms that expanded the role of state governments in electricity generation, transmission and distribution.

As the 2027 target approaches, the Federal Government is expected to provide more details on the implementation framework, consumer protection measures and the steps that will be taken to prevent the reforms from causing undue hardship.

The government will also face growing pressure to ensure that improvements in electricity generation, transmission and distribution accompany the gradual withdrawal of subsidies.

For many consumers, the success of the policy may ultimately be measured by whether it delivers more reliable electricity, fair billing, improved customer service and better value for money.

FG to phase out electricity subsidy from 2027 as power sector debts rise

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