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Expect further drop in prices of rice, other food items, BUA chair tells Nigérians
Expect further drop in prices of rice, other food items, BUA chair tells Nigérians
Chairman of BUA Group, Abdul Samad Rabiu, has said Nigerians should expect a further crash in the prices of rice and other food items.
He commended President Bola Tinubu for granting waiver on imported food items, saying that this had helped crash food prices in the country.
In July 2024, the Tinubu administration announced the suspension of customs duties on imported food items to stem food inflation.
Speaking to State House Correspondents after meeting with President Tinubu on Thursday, Rabiu said BUA Foods keyed into that policy and was able to import quite a lot of wheat, maize and rice.
“At the time food prices were really very high last year. For example, the price of rice was about N100,000 or thereabout per 50 kilo bag. The flour was about N80,000 per bag and maize was about N60,000 per 50 kilo bag, and pasta above N20,000 per Carton. So what we did was, we keyed into that policy and BUA was able to import quite a lot of wheat, maize and rice.
“And the moment the shipment started coming, we started processing, we crushed the prices of some of these commodities. And today I’m happy to inform you that the price of rice is about N60,000 from what it was last year at N110,000. Flour is today N55,000 Naira per 50 kilo bag.
“Maize is about N30,000. And this happened because of Mr President’s foresight and vision by introducing that one-off duty waiver for a period of six months, and with that, we’ve been able to bring down the prices of these commodities,” Rabiu said.
The billionaire businessman further explained the causes of the food price increases and how the President’s policy helped to curb the trend.
“So, what has been happening and a lot of people probably don’t know this, is that Nigerians, a lot of companies in Nigeria usually buy a lot of paddy. That is rice paddy. Rice Paddy is what you use to process rice. So, the moment the harvest season starts, a lot of people will now buy a lot of these paddy and hold it for a period of three to four months. The moment the season finishes, then the price will double. So a lot of people don’t know that, but that has always been the problem.
“That does not really in any way affect the farmer, because the farmer is getting his four to N500,000 per ton of paddy. But the people that are buying and holding for three to four months, once the season finishes, it goes back up to N800,000. Hence why you are getting N110,000 per bag.
“So, what that intervention did at the time when we brought in was to create an issue for those hoarders. Because the moment we imported, we were selling, and those orders had a lot of paddy, they could not sell, and the price now came down, and it is still down.
So a lot of those holders are actually crying now and losing money.
He said that the Rice Millers Association has come together to address the issue of hoarding by some companies, adding that the association will not allow any of its members to hoard rice.
“What we are doing as rice Millers is that we want to ensure that rice Millers are not buying and hoarding Paddy, although at the end of the day, it’s quite difficult to stop that. But what is happening is that once they know that there is rice availability imported, because BUA has imported enough rice to last us until the end of the year, for example.
“So, they know that if they try to hot rice and try to take it up, Bucha is there and will crash the price. So I am hopeful that at the end of the day, the price of rice going forward is not going to go any higher than what it is today.
“And I’m sure as soon as the season starts, the farmers will get the price they’ve always gotten, and the price of rice is going to stay the same, because people will be wary of hoarding, because if they hoard it is going to be a problem for them, because they might lose money. So that is on rice.
“And again, let me use this opportunity to thank His Excellency, for his foresight, for his vision, because I actually didn’t see that. I didn’t know that that was going to work, but we keyed in. We imported and we have supported, and now prices are down. So that is what we did, and we will continue to do to support the efforts of the government to ensure that food prices continue to come down. And I’m sure prices will come down.
“It is quite interesting that when prices were quite high, N100,000 everybody was shouting, now that prices are down or are coming down, it is like, nobody is coming out to say, look, food prices are coming down, but I’m happy to say that food prices are coming down, and they will continue to come down. That is what BUA foods is doing to support the efforts of the government in ensuring that food prices are down,” Rabiu said.
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US Intensifies Military Training for Nigerian Troops in Bauchi
US Intensifies Military Training for Nigerian Troops in Bauchi
American forces have intensified military training for Nigerian troops in unmanned aircraft systems, combat casualty care, and other critical battlefield skills as part of a broader security cooperation mission aimed at strengthening Nigeria’s operational capacity against terrorism and other security threats.
The training is being conducted at Operating Location Bauchi in Bauchi State, with the United States Africa Command (AFRICOM) confirming that the exercises are designed to share military expertise, strengthen partner capacity, and build relationships between service members from both nations. According to AFRICOM, the programme covers Combat Lifesaver and Tactical Combat Casualty Care instruction, weapons familiarisation, camouflage, water treatment and testing, explosive ordnance disposal, small-unit tactics, and unmanned aircraft systems training. Captain Gabriel Feingold, a logistics officer assigned to the US Army Southern European Task Force, Africa, and operations officer at Operating Location Bauchi, explained that the training programme was developed based on areas Nigerian commanders identified as beneficial. “We bring them a list of several different training topics, and they select what they think would be most beneficial for them,” Feingold said.
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Unmanned aircraft systems generated particular interest among Nigerian forces, with Sergeant Mark Murphy, an intelligence analyst assigned to the 13th Combat Sustainment Support Battalion, leading approximately 10 members of the Nigerian Air Force Special Forces Regiment through the training. The session began with about 45 minutes of classroom instruction before the Nigerian personnel received hands-on training on operating the aircraft. Murphy also taught the participants techniques for employing unmanned aircraft systems and incorporating intelligence gathered through the platforms into military operations. “They were really excited with being able to get hands-on time with it,” Murphy said, adding that the Nigerian personnel expressed interest in receiving further training on the system.
Beyond technical and operational skills, the joint exercises have created opportunities for American and Nigerian service members to build relationships and improve interoperability. Feingold noted that the interactions were particularly valuable at the lower levels of both forces. “It helps build relationships between Soldiers and the partner force, especially at the lower levels,” he said. According to AFRICOM, US and Nigerian personnel also participate in basketball and volleyball when operational commitments and weather permit, providing additional opportunities to strengthen their relationship. Sergeant Murphy observed that the training made interaction easier, saying, “Now it’s a lot easier to interact with them. They come up, they say hi to me, they talk about the training that we did.”
The Bauchi training represents a continuation of the broader US-Nigeria security partnership. In July 2026, AFRICOM disclosed that the US had withdrawn most troops deployed to Nigeria for a specific counterterrorism operation, while retaining an intelligence-sharing and security cooperation arrangement with the Nigerian military. The US has approximately 200 military personnel and several MQ-9 Reaper drones at the Bauchi airbase for training, intelligence, and support functions in the fight against jihadist militants in northern Nigeria. Additional training opportunities are being developed at Operating Location Bauchi as both sides continue identifying areas where their personnel can share expertise and train together.
US Intensifies Military Training for Nigerian Troops in Bauchi
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Awujale: Fusengbuwa Ruling House sues Abiodun, kingmakers over stalled selection
Awujale: Fusengbuwa Ruling House sues Abiodun, kingmakers over stalled selection
The Fusengbuwa Ruling House of Ijebu-Ode has taken Ogun State Governor Dapo Abiodun, the state government and members of the Awujale Afobaje/Kingmakers Council to court over the stalled process of selecting the next Awujale and Paramount Ruler of Ijebuland.
The suit, filed at the Ogun State High Court sitting in Ijebu-Ode, is seeking judicial orders compelling the relevant authorities to allow the succession process to resume and be completed in accordance with the Obas and Chiefs Law of Ogun State 2021.
The case, dated August 21, 2026, was filed by the Chairman of the Fusengbuwa Ruling House, Abdulateef Owoyemi; Deputy Chairman, Adedokun Ajidagba; and Vice Chairman, Prof Fassy Yusuf.
The defendants include Governor Abiodun; the Attorney-General and Commissioner for Justice, Oluwasina Ogungbade (SAN); the Ogun State Executive Council; Commissioner for Local Government and Chieftaincy Affairs, Ganiyu Hamzat; the Secretary of Ijebu-Ode Local Government; and its chairman, Dare Alebiosu.
Nine members of the Awujale Afobaje/Kingmakers Council are also named as defendants. They are Sonny Kuku, Rasheed Adesanya, Oluwaranti Osifeso, Jimi Lawal, Abimbola Okenla, Kunle Ogunade, Agboola Alausa, Adebisi Adaran and Ayotunde Odulaja.
The legal dispute stems from the prolonged process of finding a successor to the late Awujale of Ijebuland, Oba Sikiru Kayode Adetona, who died on July 13, 2025, at the age of 91 after a 65-year reign.
The Fusengbuwa Ruling House maintains that the succession process was properly initiated after Ijebu-Ode Local Government notified it on December 2, 2025, that it was its turn to produce a candidate under the rotational arrangement governing the Awujale stool.
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The family subsequently held its nomination meeting on January 12, 2026, which it said was within the 14-day period prescribed by Section 16 of the Obas and Chiefs Law of Ogun State 2021.
According to the claimants, 95 princes and princesses were nominated during the exercise, with the completed list forwarded to the nine-member kingmakers’ council on January 19, 2026.
The ruling house contends that the submission of the list marked the completion of its statutory responsibility and paved the way for the kingmakers to commence the next stage of the process — selecting a preferred candidate from the nominees.
However, the claimants allege that the kingmakers were prevented from meeting less than 24 hours after receiving the nomination list.
They alleged that police officers entered the Awujale Palace after midnight on January 20, 2026, and locked the premises, thereby preventing the kingmakers from convening to continue the selection process.
The ruling house is now asking the High Court to determine whether the Ogun State Government had the legal authority to order or facilitate the alleged closure of the palace and prevent the kingmakers from carrying out their statutory responsibilities.
It also wants the court to determine whether the state government had the power under the Ogun State chieftaincy law to suspend the nomination or selection process for the Awujale stool.
The claimants further argue that the ruling house had fully complied with its legal obligation after completing its nomination exercise within the prescribed period.
They are asking the court to determine whether the kingmakers, after receiving the 95-name nomination list, became legally obligated under Sections 16(1)(e) and (f) of the law to select a candidate and forward the name to the Ogun State Executive Council.
The ruling house is also relying on Section 22 of the law in asking the court to determine whether the Executive Council is required to act on a candidate selected and presented by the kingmakers.
The claimants are seeking a declaration that they should not be compelled to reopen, repeat or recommence the nomination exercise after completing it in accordance with the prescribed procedure.
They are also asking the court to declare that the Awujale kingmakers must proceed with the selection of a candidate from the submitted list and forward the name to the appropriate government authority.
Among the reliefs sought is an order directing the kingmakers to reconvene within seven days of judgment and complete the selection process.
The ruling house is further seeking an injunction restraining the Ogun State Government and security agencies from interfering with the succession process.
It wants the court to declare the alleged locking of the Awujale Palace unlawful, ultra vires the Obas and Chiefs Law of Ogun State 2021, and contrary to the claimants’ right to fair hearing.
The legal action follows an earlier decision by the state government to suspend the succession exercise amid concerns over security, alleged bribery and financial inducement.
The Fusengbuwa Ruling House, however, disputes the basis for those concerns and says no evidence or formal petition substantiating the allegations was presented to it.
The claimants further contend that investigations by the police and the Department of State Services (DSS) did not establish wrongdoing by the ruling house.
The dispute has already affected planned engagements between the kingmakers and prospective candidates. The selection process was halted after security authorities became involved, while aspirants were subsequently directed to appear before the DSS for screening.
The case now places the respective powers and responsibilities of the ruling house, Awujale kingmakers and Ogun State Government before the court.
Counsel for the claimants, led by Olusegun Otayemi, argued in the originating summons that the state’s chieftaincy law establishes a sequential process involving nomination, selection and approval, which should be followed once the process has been validly commenced.
The ruling house is therefore asking the court to clarify whether any government authority has the power to interrupt the statutory process after the relevant stages have been completed.
The outcome of the case could determine the future of the current Awujale succession process, including whether the 95-name nomination list remains valid and whether the kingmakers can proceed with the selection of a successor to Oba Adetona.
It could also provide judicial clarification on how the provisions of the Ogun State Obas and Chiefs Law 2021 should be applied in the appointment of the next Awujale.
The case adds a significant legal dimension to the prolonged search for a successor to one of Nigeria’s most prominent traditional rulers, as stakeholders in Ijebuland await further developments from the court.
Awujale: Fusengbuwa Ruling House sues Abiodun, kingmakers over stalled selection
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