News

Plateau Govt Appeals for Calm Amidst Transformative Changes in Local Government

Published

3 years ago

June 15, 2023

Preport

In response to recent lawful changes in the local government administration, Governor Caleb Manasseh Mutfwang of Plateau State has appealed for calm among the state’s peace-loving citizens.

The governor, through a press statement issued by the Director of Press and Public Affairs, Gyang Bere, called on the people to remain composed and resist any provocation, emphasizing that the government’s actions are aimed at revitalizing the local government system for significant grassroots development.

Governor Mutfwang implored the residents of Plateau State not to engage in any unlawful activities that could jeopardize peace and security within the region. He stressed that maintaining the security of lives and property is the utmost priority of his administration, as it serves as the foundation for overall progress and advancement.

Recognizing the importance of collective efforts in building a united and secure Plateau, the governor assured the public that his government is working tirelessly to address the ongoing challenges at the local government level. By doing so, the administration aims to create an environment conducive to inclusive growth and development throughout the state.

The recent changes in the local government administration have sparked concerns among some citizens. However, Governor Mutfwang’s appeal for calm underscores his commitment to ensuring that the process is carried out lawfully and with the best interests of the community in mind. The governor’s reassurance seeks to quell any anxieties and foster a sense of unity among the people.

The press statement, signed by Gyang Bere, serves as an official declaration of the governor’s stance on the matter. It highlights the government’s dedication to transparency and open communication, aiming to keep the public informed about the ongoing developments.

As Plateau State navigates these changes, the governor’s call for calm and cooperation will play a vital role in maintaining peace and security within the region. With a united effort and a steadfast commitment to the well-being of the state’s residents, Governor Mutfwang aims to establish a robust and effective local government system that will contribute to the overall growth and prosperity of Plateau State.

News

Grassrunner’s Godwin Raphael Itotomi Completes Move to French Club Stade de Reims

Published

1 minute ago

August 3, 2026

Preport

Nigerian youngster Godwin Raphael Itotomi has taken a significant step in his football career after completing a move to French club Stade de Reims, where he will continue his development with the club’s youth setup.

Sports247 reports that the highly-rated centre-back, who captained Grassrunners FC of Ogun State, officially signed his contract with the French outfit and is expected to feature for Stade de Reims Révélations, the club’s reserve and youth development team competing in the Groupe Élite Championnat des Réserves Professionnelles.

The transfer marks another milestone for the promising defender, whose leadership qualities and commanding performances at the heart of Grassrunners FC’s defence earned him recognition and opened the door to European football.

Renowned for his composure on the ball, strong aerial presence, tactical awareness and ability to organise the backline, Itotomi now has the opportunity to further develop his game in one of Europe’s respected youth development environments.

The move is expected to expose him to a higher level of competition and professional coaching as he works towards breaking into senior football.

Speaking on the move, those close to the player believe the switch to France represents the perfect platform for the young defender to realise his enormous potential.

Joining Stade de Reims provides him with access to world-class training facilities and a structured development pathway that has produced several top talents over the years.

For Grassrunners FC and Ogun State football, the transfer is another testament to the quality of young players being nurtured at the grassroots level. It also reinforces the growing reputation of Nigerian academies in producing talented footballers capable of earning opportunities with European clubs.

As he begins life in Reims, located in the Grand Est region of northeastern France, Itotomi will be aiming to adapt quickly to his new environment, impress the coaching staff and establish himself as a key figure in the club’s youth ranks.

The move is expected to serve as an important stepping stone in his career, with the long-term ambition of progressing into Stade de Reims’ first team and eventually making his mark at the highest level of European football.

For Nigerian football enthusiasts, Godwin Raphael Itotomi’s transfer is another encouraging success story, highlighting the increasing pathway from grassroots football to elite European clubs.

Business

FULL LIST: NIIRA 2025: NAICOM Eyes Liquidation for Non-Compliant Operators

Published

44 minutes ago

August 3, 2026

Preport

BY NKECHI NAECHE-ESEZOBOR—The National Insurance Commission,((NAICOM), on Monday said only eight insurance companies are yet to be verified by the commission.

The commission disclosed this today while releasing the 43 insurance firms that met the new minimum capital requirements set up by NIIRA

According to NAICOM “The eight insurance companies submitted evidence of compliance shortly before the statutory deadline are currently undergoing final verification and regulatory review.

This, the commission said would be concluded within fourteen days.

Insurance companies not listed among the 43 verified firms include those currently undergoing final regulatory review, as well as unverified operators at risk of liquidation—such as NICON Insurance Plc; Goldlink Insurance Plc Nigerian Reinsurance; Nigerian Agricultural Insurance Corporation ; Royal Exchange Prudential Life Plc; Tangerine Life Insurance Limited; Sovereign Trust Insurance Plc; African Alliance Insurance Plc; Guinea Insurance Plc; Regency Alliance Insurance Plc; Staco Insurance Plc; Alliance & General Insurance; Universal Insurance Plc; emPle General Insurance Company Nigeria Limited and emPle Life Assurance Limited.

NAICOM had announced the successful completion of the twelve-month insurance sector recapitalization exercise undertaken pursuant to Section 15 and other relevant provisions of the Nigerian Insurance Industry Reform Act (NIIRA) 2025, signed into law on 31 July 2025 by His Excellency, President Bola Ahmed Tinubu, as part of his administration’s financial sector transformation agenda towards the attainment of a US$1 trillion economy by 2030.

The successful conclusion of the exercise marks a defining milestone in the transformation of Nigeria’s insurance industry and signals the beginning of a new era for insurance in the country.

Following the enactment of NIIRA 2025, the Commission commenced a structured implementation process to provide strategic oversight, ensure transparency, support operators throughout the transition, and facilitate the effective implementation of the new minimum capital requirements within the statutory compliance period.

To ensure an orderly, transparent, credible, and verifiable process, the Commission issued the Guidelines on the Implementation of Minimum Capital Requirements (MCR) for Insurance and Reinsurance Companies in Nigeria.

The Guidelines provided detailed guidance on the statutory minimum capital requirements under NIIRA 2025, eligible and ineligible capital instruments, admissible and non-admissible assets, verification and validation procedures, regulatory timelines, reporting obligations, and supervisory expectations throughout the implementation period.

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