News

Edo: Ekpeson Redeems N20m Pledge To Family Of Fallen Soldier

Published

6 days ago

September 18, 2026

Editor

The Chairman of Etsako East Local Government Council and Chairman of the Association of Local Governments of Nigeria (ALGON), Edo State, Rt. Hon. Sunny Ekpetika Ekpeson, has fulfilled his N20 million pledge to the family of late Lance Corporal Fahad Sani of the 195 Battalion, Nigerian Army, Agenebode.

The pledge was made following the death of the soldier on July 2, 2026, after a fatal road accident along the Okpella Highway while returning from a successful rescue operation.

Late LCpl. Sani and his colleagues had reportedly responded to a distress call involving kidnapped victims in the bushes of Okpella. The operation successfully rescued the victims, but tragedy struck on their return when a speeding trailer hit the vehicle conveying the soldiers.

Despite efforts by his colleagues to revive him and obtain medical attention at Halimotu Private Hospital and subsequently in Auchi, the soldier died from injuries sustained in the accident.

During a condolence visit to the bereaved family shortly after the incident, Ekpeson, who was then Acting Chairman of the Council, pledged N20 million to support the deceased soldier’s wife and two young children.

The Chairman redeemed the pledge in full on Thursday, September 17, 2026, at a presentation ceremony attended by the family and uniformed personnel of the 195 Battalion, led by its Commanding Officer, Major S.D. Balafama.

Balafama commended Ekpeson for fulfilling his promise and described the gesture as a significant source of encouragement to the family and the battalion.

He said the support demonstrated that the sacrifice of the late soldier and other personnel serving the nation was recognised, adding that the gesture would help boost the morale of officers and soldiers engaged in the field.

The Commanding Officer also expressed appreciation to Edo State Governor, Monday Okpebholo, for his continued support for security agencies and the families of fallen personnel.

Speaking at the ceremony, Ekpeson said true honour for fallen heroes must go beyond words, stressing that officers who risk their lives to protect citizens should not be forgotten after their death.

He explained that the N20 million package had been structured to provide long-term support for the family. According to him, part of the money would enable the late soldier’s wife to establish a sustainable business, while N10 million would be placed in a fixed deposit account to support the education and future needs of the couple’s two children.

The gesture, he said, was intended to ensure that the sacrifice made by the late soldier in the service of the nation would continue to have a positive impact on his family.

The bereaved family expressed gratitude to Ekpeson and the Etsako East Local Government Council for standing by them during their period of grief and for fulfilling the promise made after the soldier’s death.

News

Six Corps Members Receive N10m Grants To Boost Agribusiness

Published

2 days ago

September 22, 2026

Editor

Six members of the National Youth Service Corps (NYSC) have received a total of N10 million in grants to expand their agribusiness ventures under the Farmers for the Future Programme.

The programme was organised on Monday by the British American Tobacco Nigeria Foundation (BATNF) in collaboration with the NYSC to encourage young Nigerians to embrace agriculture and develop sustainable businesses.

Presenting the cheques to the beneficiaries in Abuja, the NYSC Director-General, Brigadier General Olakunle Nafiu, urged Corps members to maximise the opportunities provided by the service year by venturing into commodity marketing and other viable businesses.

Nafiu said agribusiness remained a viable avenue for young people to build sustainable enterprises, create employment and generate wealth.

He also stressed the importance of value addition to the success and sustainability of business ventures, while commending BATNF for placing Nigerian youths at the centre of its entrepreneurship initiatives through value-chain development, employment creation and its partnership with the NYSC.

“I charge you to spread the news around. We have seen the outcome, and it is a good idea,” he said.

The beneficiaries are Dominic Olufemi (FC/25C/1143), who received N3 million; Temitope Adewole (ED/26A/2251), N2 million; Abdulwaheed Bala (ED/25B/1402), N2 million; Olanike Mayungbe (OG/26B/1037), N1 million; Kingsley Udoeyen (KG/26A/1735), N1 million; and Lorember Lorsue (JG/25B/1742), N1 million.

Speaking on the selection process, the Acting Director, Skills Acquisition and Entrepreneurship Development (SAED), Mrs Winifred Shopeka, said the programme began with an online registration portal through which Corps Members engaged in agribusiness submitted their business plans.

She said nearly 3,000 Corps members applied and underwent a rigorous selection process that produced 20 finalists.

According to her, the finalists participated in a boot camp and a final pitching session, which produced the 10 best presenters before the six ultimate winners were selected.

Shopeka said the beneficiaries had also been mentored and attached to established market operators to assist them in marketing their products.

She added that Corps Members who did not make the final stage of the competition were also trained by BATNF.

The BATNF Team Lead, Mr Oludare Odusanya, congratulated the beneficiaries and urged Corps Members engaged in agribusiness to master the fundamentals and acquire the knowledge and skills necessary to succeed.

“We are happy with our collaboration with the NYSC, and it will continue,” he said.

Odusanya explained that BATNF was an independent organisation established to contribute to poverty reduction in Nigeria through sustainable agricultural practices and other interventions.

He said the Farmers for the Future Programme was instituted in collaboration with the NYSC to encourage Corps Members to venture into agribusiness and become job creators.

He added that the beneficiaries would be attached to mentors who would guide them towards achieving success in their respective businesses.

According to him, the programme has, since its inception, continued to enhance the entrepreneurial capacity of Corps Members.

News

CBN Reduces Interest Rate To 23%

Published

2 days ago

September 22, 2026

Editor

The Central Bank of Nigeria (CBN) on Tuesday announced the reduction of the interest rate, also known as Monetary Policy Rate (MPR) to 23 percent.

Briefing the media in Abuja, the Governor of the CBN, Mr. Olayemi Cardoso, said at the 307th MPC meeting held on September 22, 2026 agreed the resetting of the MPR and recaliberation of the monetary policy market.

According to Cardoso, the committe is satisfied with the disinflation progress, adding that members noted stable banking sector following successful recapitalisation.

Meanwhile, according to Nigerian Tribune, reports that that the MPC, at its 306th meeting in July 2026, disclosed its resolution to retain the interets at 26.5 percent.

According to the Governor of the CBN, Olayemi Cardoso, “the Committee’s decision to maintain the current policy stance followed a thorough assessment of the balance of risks. Although headline inflation moderated marginally in June 2026, global uncertainties have heightened, due mainly to the renewed hostilities in the Middle East.

“In view of the evolving developments, maintaining a cautious monetary policy stance remains appropriate. In arriving at its decision, the Committee noted the recent resurgence of hostilities in the Middle East, with particular attention to its spillover effects on global energy prices and the potential pass-through to domestic inflation.”

News

NURTW: KWAM1 Settles Long-time Rift Between MC Oluomo, Tafa Sego

Published

2 days ago

September 22, 2026

Editor

Nigerian Fuji musician, Wasiu Ayinde Marshal, popularly known as KWAM1, has brokered a peace deal between the National Union of Road Transport Workers (NURTW) National President, Musiliu Akinsanya, popularly known as MC Oluomo, and the Lagos State Chairman of the union, Mustapha Adekunle, aka Tafa Sego.

The reconciliation took place at Ojusagbola in Ijebu, Ogun State, where several NURTW chieftains gathered for the meeting.

The development was announced on Tuesday on KWAM1’s digital media page on Instagram, alongside photographs from the meeting.

According to the post, the two union leaders have resolved their differences after years of strained relations.

“After years of an age-long rift, MC Oluomo and Tafa Sego have finally settled their differences. And from what we know now, this is final,” the post said.

The musician was said to have intervened as the Mayegun of Yorubaland, with the aim of bringing an end to the longstanding disagreement between the two NURTW figures.

“K1 acted in his role as the Mayegun of Yorubaland by seeking an end to the long-standing rift, once and for all,” it said.

The post also described the meeting as a significant step beyond previous public displays of reconciliation.

“This time, it was not just another handshake for the cameras. The two old friends and colleagues came together at Ojusagbola, with King Wasiu Ayinde Marshal (K1) playing the peacemaker.”

Both MC Oluomo and Tafa Sego were reported to be pleased with the outcome of the intervention.

“Both parties are delighted about the new development,” the post said.

The two men had previously been allies and prominent figures within the Lagos NURTW before their relationship became strained amid disagreements linked to leadership of the union in the state.