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Military Crushes Terrorists’ Logistics Network, Rescues Victims

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The Defence Headquarters says troops have intensified nationwide operations, recording significant successes in dismantling terrorist logistics networks.

It also said it rescued kidnapped victims,recovering arms and illicit materials across multiple theatres.

The Director, Defence Media Operations, Maj.-Gen. Michael Onoja, disclosed this on Friday in Abuja, while giving update on operational activities conducted between March 20 and 26.

Onoja said that troops under the leadership of the Chief of Defence Staff (CDS), Gen. Olufemi Oluyede, had sustained coordinated offensives against terrorists, insurgents, and other criminal elements through intelligence-driven missions and joint operations.

He said that in the North-East, troops of Operation Hadin Kai maintained pressure on the Boko Haram and the ISWAP fighters.

This , he said, led to the arrest of suspected informants, logistics suppliers and arms couriers across Borno, Adamawa and Taraba.

“Notably, troops recovered AK-47 rifles, magazines, and logistics items, while several suspects linked to terrorist activities were apprehended in Maiduguri, Damboa, Kaga, and Mubi areas,” he said.

In the North-West, Onoja said troops of Operation Fansan Yamma conducted offensive operations supported by air assets.

He said this neutralised terrorists and dismantling their support structures in Sokoto and Zamfara states.

He added that troops also rescued a kidnapped local government official in Kano State, while several terrorists were neutralised with arms, ammunition, and communication equipment recovered during ambush and clearance operations.

According to him, in the North-Central, troops under Operations Savannah Shield, Enduring Peace and Whirl Stroke recorded multiple successes in counter-kidnapping and anti-terrorism.

He said troops responded swiftly to an attack on a worship centre in Kwara, rescuing some abducted victims, while efforts were ongoing to secure the release of others.

“Troops also arrested suspects in possession of explosives and improvised explosive device materials in Niger, while additional suspects linked to criminal activities were apprehended in Plateau, Benue, and Kogi.

“Several kidnapped victims were rescued during clearance and fighting patrols, while weapons and ammunition were recovered from fleeing criminals,” he said.

Onoja added that troops discovered and safely detonated improvised explosive devices, as well as dismantled criminal hideouts across forested areas and border communities.

In the South-South, he said troops of Operation Delta Safe sustained anti-oil theft operations.

This, he said, led to the destruction of illegal refining sites and recovery of thousands of litres of stolen crude oil and refined products in Rivers and Cross River.

He said that the suspects involved in oil bunkering and kidnapping were arrested, while vehicles and equipment used for illegal activities were intercepted.

“Similarly, in the South-East, troops of Operation Udo Ka neutralised threats linked to the proscribed Indigenous People of Biafra (IPOB) and its armed wing, the Eastern Security Network (ESN).

“Troops successfully detonated improvised explosive devices and destroyed a major illegal refining site in Imo, recovering and destroying large volumes of stolen petroleum products,” he said.

Onoja said that the cumulative successes underscored the effectiveness of ongoing military strategies and improved synergy among security agencies.

According to him, the sustained pressure on criminal elements has significantly degraded their operational capabilities and enhanced public confidence.

He conveyed the appreciation of the CDS to troops for their dedication and commended the support of other security agencies, the media, and the public.

Onoja assured Nigerians of the military’s commitment to sustaining ongoing offensives until all threats to national security were neutralised.

He also urged citizens to remain vigilant and provide timely information to security agencies.(NAN)

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Osun poll: ‘IGP ordered our party member’s detention’ — Accord Party alleges 

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The spokesperson for the Accord Party Governorship Campaign Council in Osun State, Pelumi Olajengbesi, has alleged that the Inspector-General of Police, IGP, Mr Olatunji Disu ordered the continued detention of a party member, Popoola Alaba, despite investigators allegedly finding no evidence linking him to any offence.

Olajengbesi made the allegation during an interview on ARISE News while reacting to Alaba’s arrest amid political tensions ahead of the Osun governorship election.

According to him, the allegations levelled against Alaba, particularly claims that he was arrested with firearms, were not supported by investigators handling the case.

“Those allegations are embarrassing to the knowledge of the Nigerian Police. The man that was arrested was arrested with nothing. He was arrested at the point where he was sensitising his supporters,” Olajengbesi said.

He argued that if the police genuinely recovered firearms or any incriminating items from the suspect, such evidence should have been made public.

“The Nigerian Police should have ordinarily come out and shown to the public the evidence or whatever material they had relating to possession of firearms,” he added.

Olajengbesi further claimed that members of the campaign council met with officers handling the investigation, who allegedly informed them that there was no petition against Alaba and that nothing incriminating was recovered from him.

“We’ve met with the officers in charge of the investigation and they have said to us that there’s no petition against the man and nothing was found on him, but it is just very unfortunate that they have instructions from the Inspector-General of Police to detain him until further notice,” he alleged.

Describing the development as troubling, the Accord Party spokesman called on the Nigeria Police Force and the media to publicly disclose any evidence supporting the allegations against Alaba.

“That’s a sad experience we have today in Osun State and I challenge the Nigerian Police, and I challenge the press, to investigate or come out and show to the public the firearms or the unlawful possession they claimed they found with him,” he said.

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Rex Insurance Meets NAICOM Minimum Capital Requirement Under NIIRA 2025

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BY NKECHI NAECHE-ESEZOBOR—Rex Insurance Limited has successfully met the new Minimum Capital Requirement (MCR) prescribed by the National Insurance Commission (NAICOM) under the Nigerian Insurance Industry Reform Act, (NIIRA) 2025, reinforcing its financial strength, enhancing its underwriting capacity and reaffirming its unwavering commitment to policyholders and stakeholders.

The announcement follows NAICOM’s publication of insurance companies confirmed to have complied with the new capital requirement.

A statement released today by the company, said the achievement reflects the disciplined financial management, strong corporate governance, and strategic vision that have positioned Rex Insurance Limited as a resilient organization committed to delivering greater value to customers while supporting national economic growth.

“It also marks the beginning of a new phase in the Company’s journey, one focused on sustaining capital strength, accelerating profitable growth, enhancing operational excellence, and delivering superior customer value.

Commenting on the milestone, the Managing Director/Chief Executive Officer of Rex Insurance Limited, Mrs. Ebelechukwu Nwachukwu, said: “Meeting the new Minimum Capital Requirement is a significant milestone in our journey and demonstrates the resilience of our business as well as the confidence of our shareholders in our long-term vision. It also reinforces our ability to honour our commitments to policyholders while positioning us for sustainable growth in an evolving insurance landscape.”

She further emphasized “Our recapitalization marks the beginning of an exciting new chapter for Rex Insurance. It is not an end, but a strategic foundation for sustainable growth and long-term value creation. With a stronger capitalbase, we are well equipped to increase our underwriting capacity, elevate customer experience, and deepen our investment in technology, innovation, and operational excellence.

“This enhanced financial strength enables us to provide smarter insurance solutions that respond to the evolving needs of our customers, deliver greater value to our stakeholders, support the advancement of Nigeria’s insurance industry, and maintain our unwavering commitment to prompt claims settlement to our policyholders”

Rex Insurance commended NAICOM for its leadership in strengthening the insurance sector through the recapitalization exercise and remains committed to supporting initiatives that promote a more resilient, competitive, and inclusive insurance market.

The insurer expressed its appreciation to its shareholders, Board of Directors, employees, customers, brokers, and business partners for their unwavering support and confidence, which have contributed to this important achievement .

“As the industry enters a new phase of growth, Rex Insurance’s focus now shifts from achieving capital adequacy to sustaining capital strength through disciplined execution, profitable growth, continuous innovation, and exceptional customer experience.”

The Company remains committed to delivering reliable insurance solutions, honouring its promises to policyholders, and creating sustainable value for all stakeholders while strengthening its position as a trusted insurance partner

About Rex Insurance Limited 
Rex Insurance Limited (Rex) is licensed by the National Insurance Commission (NAICOM) to offer the full range of general and special risks insurance products to the insuring public. With decades of experience in the Nigerian market, Rex Insurance has an enviable reputation for technical competence and financial strength.
With a vision of being the “Preferred Nigerian Insurance Company”, our strategic direction within the next 5 years is to focus on growth and profitability with the aim of growing the company’s gross premium written and be amongst the Top-Top-Tier general insurance companies in the market.

Operating from twelve (12) business locations nationwide to ensure maximum outreach and
accessibility, we have an unwavering dedication to our core values of Resilience, Efficiency,
eXellence, Integrity & Teamwork (REXIT).

The post Rex Insurance Meets NAICOM Minimum Capital Requirement Under NIIRA 2025 appeared first on Business Today NG.

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