News

Panic In 11 States As Release Of Water From Lagdo Dam Begins

Published

2 years ago

September 26, 2024

Editor

Following torrential rains and the recent devastation of Maiduguri, the Borno State capital, due to the collapse of Alau Dam, Nigerians in littoral states of the country are currently on edge over a possible re-enactment of similar tragedies in the wake of the reported release of excess water from Lagdo Dam in Cameroun.

Recall that the Nigeria Hydrological Services Agency, NIHSA, had on Tuesday, September 17, 2024, issued a warning of possible severe flooding that will affect approximately 11 states across the country, releasing water from Lagdo Dam.

States likely to be impacted and which border the Benue River, include Adamawa, Taraba, Benue, Nasarawa, Kogi, Edo, Delta, Anambra, Bayelsa, Cross-River, and Rivers.

NIHSA also advised people in these states as well as officials of government at all levels to “heighten their vigilance and implement appropriate preparedness measures to mitigate potential flooding impact that may arise due to increase in flow levels of our major rivers during this period.”

Although the flood disaster in Maiduguri and some other parts of Borno State was not caused by the release of water from Lagdo Dam, the fear is that the release of water from Lagdo Dam will have more devastating effects than it happened in 2022.

Vanguard gathered that the water level of Rivers Niger and Benue are already rising, despite what the Cameroonian authorities described as the gradual release of water from Lagdo Dam.

For instance, residents in some communities, including Irri in Isoko South Local Government Area of Delta State are already relocating from flood plains to higher grounds, following the rise in water levels in affected areas.

Emphasising the need for people to relocate from flood plains, NIHSA’s Director-General/Chief Executive Officer of the agency, Umar Muhammed, warned in a statement: “The water discharge is anticipated to progressively escalate to 1000m³/s over the next seven days, based on the inflow from the upstream Garoua River, which serves as the primary source into the reservoir and a significant tributary to the Benue River.”

His warning has since thrown those in the affected states into a panic mode, as governments of the affected states are currently hurrying to relocate people and also provide internally displaced peoples, IDPs, and camps.

Confirming the development, the spokesman of the National Emergency Management Agency, NEMA, Ezekiel Manzo, affirmed that the release of excess water from the Lagdo Dam was ongoing and swelling the water level of River Benue.

He said the release implies that it safeguards the possible risk of damage that may occur to the dam when its capacity is overwhelmed.

“A breakage of the dam would cause much damage in Nigeria as we have witnessed recently in Maiduguri with Alau dam, a much smaller dam compared to the one in Cameroun,’’ he said.
VANGUARD

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

6 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

News

N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.