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Northern Stakeholders Back Tinubu’s Reforms, Seek Continuity Beyond 2027

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By Moses Kolo

 

Continuity

 

Northern political stakeholders, academics, youth groups and civil society actors on Saturday converged at Arewa House Kaduna for a town hall organised by the PBAT Door-To-Door Movement to appraise the reforms of President Bola Ahmed Tinubu.

 

The event, themed “Critical Appraisal of Government and Reforms Under President Bola Ahmed Tinubu and the 2027 Question,” featured discussions on economic reforms, governance, infrastructure development, fiscal policies and national stability.

 

Speaking in his opening remarks, Mr Sunday Adekanbi, National Coordinator of the Movement, said the forum was convened to encourage honest conversations around the administration’s policies and to counter what he described as misconceptions surrounding ongoing reforms.

 

Adekanbi said the engagement also provided an avenue to interrogate the “2027 question,” insisting that continuity of the current reform agenda remained necessary for sustainable national development.

 

According to him, President Tinubu has demonstrated leadership through what he described as a “silent yet systematic revolution” across critical sectors of the economy.

 

“He touched every critical aspect of this country through reforms aimed at economic recovery, institutional strengthening, infrastructure development and youth inclusion,” he said.

 

Delivering the keynote address, Mr Sunday Dare, Adviser to the President on Media and Public Communication, said Nigeria was gradually moving from reforms to recovery following bold economic measures introduced by the administration.

 

Dare noted that although the reforms had brought temporary hardship, they were necessary to reposition the country for long-term prosperity and competitiveness.

 

He said the removal of fuel subsidy, foreign exchange reforms and revenue restructuring were difficult but inevitable decisions needed to avert fiscal collapse.

 

According to him, previous administrations avoided such measures despite the growing distortions in the economy.

 

“Leadership is not about comfort; leadership is about responsibility. The President took decisions others were afraid to take because the country could no longer continue on the old path,” he said.

 

The presidential aide added that the administration was investing heavily in infrastructure, human capital development and economic modernisation to prepare Nigeria for the demands of the 21st century.

 

Dare cited interventions such as the Nigerian Education Loan Fund (NELFUND) as part of efforts to expand access to education and empower millions of young Nigerians.

 

Also speaking, Prof. Solomon Gushibet, said the Tinubu administration inherited an economy burdened by structural distortions, fiscal leakages and declining investor confidence.

 

Gushibet, who also is Head, Center for Financial Economics, National Institute for Policy and Strategic Studies (NIPSS) Kuru-Jos, said reforms such as fuel subsidy removal and foreign exchange unification represented a transition from economic dependency to productivity-driven development.

 

According to him, no nation achieves transformation without sacrifice, adding that the administration had shown political courage by undertaking reforms previous governments avoided for decades.

 

Gushibet said signs of economic stabilisation were gradually emerging through improved revenue generation, reduced fiscal leakages, increased investor engagement and relative stability in the foreign exchange market.

 

The professor, however, acknowledged existing challenges, including insecurity, rising cost of living, debt pressures and implementation gaps in some policy areas.

 

He urged the Federal Government to strengthen social intervention programmes and improve communication around reforms to address public concerns and reduce economic hardship.

 

Gushibet maintained that continuity remained essential for the reforms to achieve long-term impact, stressing that major economic transformations globally often require several years before yielding full benefits.

 

He warned that abandoning ongoing reforms midway could reverse progress already achieved and undermine investor confidence.

 

On his part, Mr Ahmed Maiyaki, Kaduna State Commissioner for Information, said increased federal allocations following the removal of fuel subsidy had enabled the Kaduna State Government to expand social intervention programmes and improve service delivery across key sectors.

 

Maiyaki noted that a major outcome of the policy was the introduction of 100 Compressed Natural Gas (CNG) buses providing free transportation to civil servants, students and residents, which he said had saved over N2.8 billion within 10 months.

 

He further explained that the administration of Uba Sani had prioritised education through a 50 per cent reduction in tuition fees, infrastructural upgrades and accreditation of academic programmes in state institutions.

 

According to him, Kaduna State University and Nuhu Bamalli Polytechnic had recorded notable improvements, with several courses receiving full accreditation due to sustained government investment.

 

Maiyaki also highlighted progress in security and healthcare, stating that previously volatile areas such as Birnin Gwari, Igabi, Chikun, Kajuru and Kachia were witnessing improved peace and economic activity.

 

He added that the state had upgraded 255 primary healthcare facilities, recruited thousands of health workers and improved welfare conditions to strengthen healthcare delivery across Kaduna State.

 

The stakeholders at the forum generally called for sustained national dialogue, policy consistency and inclusive governance to consolidate the gains of ongoing reforms and strengthen democratic stability ahead of the 2027 elections. (NAN) (www.nannews.ng)

 

MGK/ YMU

 

Edited by Yakubu Uba

 

 

 

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EFCC Arraigns Former MD Of Port Harcourt Refinery for Alleged N1.32bn Money Laundering

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The Economic and Financial Crimes Commission (EFCC) on Wednesday f2026 arraigned Mr. Ahmed Adamu Dikko, former Managing Director of Port Harcourt Refining Company Ltd (PHRC), before Justice Inyang Ekwo of the Federal High Court, Abuja, on a 12-count charge bordering on money laundering.

The charge, marked FHC/ABJ/CR/360/2026 and dated and filed on June 22 by the Commission’s counsel, Ekele Iheanacho, SAN, listed Dikko and Masterpiece Projects & Investment Limited as first and second defendants respectively.

Dikko, who led the Port Harcourt Refining Company for about four years, pleaded not guilty to a 12-count charge filed against him by the Commission on Wednesday, July 8, 2026.

The EFCC accused Dikko of laundering N1,322,839,112.7 (One Billion, Three Hundred and Twenty-Two Million, Eight Hundred and Thirty-nine Thousand, One Hundred and Twelve Naira, Seven Kobo) in proceeds allegedly linked to contractors engaged by the Nigerian National Petroleum Company Limited (NNPCL) for the rehabilitation of the Port Harcourt refinery, through cash property purchases, undisclosed bank retentions, third-party fund concealment and unauthorised currency conversion, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

Count one reads in part: “That you AHMED ADAMU DIKKO… did directly make cash payment of the dollar equivalent of the sum of N218,375,000.00 to one Hadeija Bashir for the purchase of Plot 558, Abubakar Umar Street, Katampe Extension, Abuja without passing through a financial Institution and you thereby committed an offence contrary to Sections 2(1)(a), 19(d) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 19(2)(b) of the same Act.”

Count eight reads: “That you AHMED ADAMU DIKKO, former Managing Director of the Port Harcourt Refining Company Ltd (PHRC) on or about the 26th of June, 2023 in Abuja within the jurisdiction of this Honourable Court disguised the origin of the sum of N328,710,337.50 (Three Hundred and Twenty Eight Million, Seven Hundred and Ten Thousand, Three Hundred and Thirty Seven Naira, Fifty Kobo) paid into the GTBank Account Plc No. 0123201507 operated by Masterpiece Projects & Investment Limited by OMSA Integrated Services Limited from the transactions involving NNPC Limited allocation of Vacuum Gas Oil for export when you knew that the said sum of N328,710,337.50 constituted proceeds of unlawful activity and you thereby committed an offence contrary Section 18(2) (a) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”

Count eleven reads: “That you AHMED ADAMU DIKKO between October, 2022 and May, 2025 did convert the aggregate sum of $77,080 through Ibrahim Isa Yaro which amount did not form part of your known lawful earnings as a former public officer with the Nigerian National Petroleum Company Ltd and you thereby committed an offence contrary to Section 18(2)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

The defendant pleaded not guilty to the charges when they were read to him.

Thereafter, counsel to the defendant, Okechukwu Ajunwa, SAN urged the court to grant the defendant bail pending the determination of the suit. Iheanacho, however, opposed the bail application.

In his ruling on the bail application, Justice Ekwo granted the defendant bail in the sum of N150,000,000 (One Hundred and Fifty Million Naira) with a surety who must be resident within the jurisdiction of the court and with a landed property valued at not less than the bail sum. He ordered that the defendant be remanded in the custody of the EFCC pending when he’s able to meet the bail conditions.

The matter was therefore adjourned to October 12, 13 and 14, 2026 for trial.

The post EFCC Arraigns Former MD Of Port Harcourt Refinery for Alleged N1.32bn Money Laundering appeared first on Business Today NG.

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Truecaller clashes with India’s telecom regulator over anti-spam rules

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Truecaller has opened a public fight with India’s telecom regulator over rules governing caller ID apps, saying the country’s anti-spam framework is making it harder to protect consumers from unwanted calls in its biggest market.

On Wednesday, CEO Rishit Jhunjhunwala (pictured above) took to X to publicly challenge the Telecom Regulatory Authority of India (TRAI), accusing the watchdog of preventing Truecaller from displaying community-reported spam information for calls from the country’s dedicated 1400 and 1600 number series, a restriction he said had enabled abuse of those numbers and eroded trust in legitimate business calls.

The dispute stems from a framework introduced in 2024 under which India’s telecom authorities designated the 1400 and 1600 number series for commercial communications, with businesses using the former for telemarketing calls and the latter for service- and transaction-related calls. TRAI later mandated the migration to the dedicated numbering series, saying the move would help consumers identify legitimate business communications and curb spam and scam calls.

The framework was rolled out amid growing concerns over spam and scam calls in India, one of the world’s largest telecom markets, where regulators and telecom operators have rolled out multiple measures to curb fraudulent communications. Last year, the Indian communications ministry said authorities disconnected more than 2.1 million fraudulent mobile numbers and took action against more than 100,000 entities over the preceding year, underscoring the scale of the challenge.

Jhunjhunwala argued the policy has produced unintended consequences. Citing internal company data, he said consumers have increasingly lost trust in the designated number series, with Truecaller users ignoring 81% of calls from the 1400 series and 79% from the 1600 series over the past eight months. During the same period, users manually blocked 74 million calls from the two number series, while daily blocking actions against 1600-series numbers have more than tripled since October 2025, he said.

Unable to mark those numbers as spam, Truecaller instead introduced a “Frequently Blocked” badge to alert users when a number from the designated series has been blocked by many people.

The unusually public criticism came after Indian business daily The Economic Times reported that TRAI had sought powers under India’s Information Technology Act to take action against caller ID apps such as Truecaller, Hiya, and Whoscall for labeling numbers from the designated 1400 and 1600 series as spam.

TRAI and India’s Ministry of Electronics and Information Technology, which would consider any such proposal, did not immediately respond to requests for comment.

The dispute comes at a pivotal time for Truecaller, whose core caller ID business has been facing growing regulatory and competitive pressures as the company expands into new products and services. India remains its largest market by a wide margin, with more than 350 million of its 500 million monthly active users based in the country, according to the company.

Jhunjhunwala said Truecaller would share its data with the Indian IT ministry as part of the regulatory process, arguing that any decision on caller ID apps should be evidence-based.

“Penalize the bad actors, not the ones like Truecaller that make a significant positive impact,” he wrote.

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