News

PAP: IYC Urges Tinubu To Disregard Campaigns Against Otuaro

Published

7 months ago

February 13, 2026

The Western Zone of the Ijaw Youth Council (IYC), has urged President Bola Tinubu to disregard a group the Zone referred to as “distractions of political noisemakers” who, according to the IYC, issued ultimatum and threat to Dr. Dennis Otuaro, Administrator of the Presidential Amnesty Programme (PAP).

The IYC, Western Zone, further described such a group who issued the ultimatum and threat against Otuaro as “faceless” who “parades itself as the Itsekiri Ethnic Nationality Ex-Agitators Forum.”

A statement jointly signed by Comrade Nicholas Igarama, Ebi Joshua Olowolayemo Esq., and Comrade Tare Magbei, President, Secretary and Information Officer respectively, the apex youth body of the Ijaw ethnic nationality, said it is “deeply irresponsible for any organization to threaten oil production or public order as a bargaining tool,” adding that such threat “recalls a period of instability that brought hardship to the region and the nation.”

The IYC, who declared that the PAP was “born out of an Ijaw-led armed resistance against state repression, environmental devastation, and economic exclusion,” warned that “any attempt by any group to posture as equal architects of that struggle is misleading and needlessly provocative,” adding that “historical distortion does not promote inclusion. It fuels tension.”

“The Amnesty Programme exists because the Nigerian state could not silence the Ijaw struggle through force. That reality must remain central to any honest conversation about its origin and direction.

“This is established history. It is not open to reinvention to suit present political convenience.

“The creeks where the conflict raged are Ijaw land. The communities that were bombarded, occupied, and reduced to rubble were Ijaw communities. The young men who laid down their arms in their thousands, many of whom paid the ultimate price, were overwhelmingly Ijaw,” the statement reads.

The IYC stated that the “peace in the Niger Delta was secured through sacrifice and difficult choices made by Ijaw youths who placed national stability above prolonged conflict,” noting that “let it be clearly understood that the leadership and direction of the Presidential Amnesty Programme must reflect the circumstances that gave rise to it. That foundation is Ijaw.”

The IYC, Western Zone, while expressing its support for “transparency and accountability in the administration of the Programme, said “we will not accept intimidation, ethnic pressure, or manufactured grievances aimed at diminishing the central role of the Ijaw nation in the Niger Delta struggle.”

The IYC, while noting that its “remains committed to peace and national unity,” reminded “those who beat the drums of unrest that peace in the Niger Delta rests on truth and responsibility. Distorting history is not advocacy. It is provocation.”

The IYC, Western Zone, who passed “a vote of confidence on the current leadership of the Presidential Amnesty Programme under Dr. Dennis Otuaro,” added that “his stewardship has demonstrated stability, administrative focus, and a clear understanding of the delicate history and structure of the Programme. Under his watch, there has been continuity, engagement with critical stakeholders, and a firm commitment to sustaining peace in the region.”

News

Report: UK Considers Raising Tax-free Allowance To £15,570

Published

8 minutes ago

September 25, 2026

Editor

The UK government is reportedly considering increasing the personal income tax allowance from £12,570 to £15,570, a move that could leave millions of workers with more disposable income and prevent most state pensioners from paying tax on part of next year’s pension increase.

The proposal, reported by Sky News citing The Telegraph, would represent the first increase in the personal allowance in five years. The threshold has remained frozen at £12,570 since 2021.

If implemented, the new threshold would be close to the level the allowance might have reached had it continued rising instead of being frozen.

The proposal is being considered by Chancellor John Healey and Prime Minister Andy Burnham, according to the report. It was suggested by Labour donor and Ecotricity owner Dale Vince.

Vince said: “If Labour wants to get the economy moving, it should put money into the pockets of people who will spend it.”

He added: “Raising the personal allowance to £15,570 would give millions of people a meaningful boost, with the biggest benefit going to those on the lowest incomes.”

He proposed funding the measure through changes to capital gains tax and by ending interest payments on Bank of England reserves.

“We can pay for it by making the tax system fairer – starting with capital gains and the billions we currently hand to banks in interest,” Vince said.

However, the government has not confirmed that the proposal will be included in the upcoming Budget.

A Treasury spokesperson said decisions on taxation were matters for the Chancellor to announce at fiscal events, rather than issues the department would “routinely comment on rumour, speculation or proposals”.

The proposed increase could also address an issue facing pensioners.

The UK’s state pension is expected to rise by 3.9% next April under the government’s triple lock system, which guarantees an annual increase based on whichever is highest among inflation, average wage growth or 2.5%.

Provisional wage figures show growth of 3.9%, meaning the full new state pension could increase from £12,547.60 to about £13,036.60.

That would put the state pension above the current £12,570 personal allowance by approximately £457.

For pensioners with total retirement income below £50,270, that amount would normally be subject to the basic 20% income tax rate, potentially resulting in an annual tax bill of about £91.40.

Increasing the personal allowance to £15,570 would place the projected state pension below the new threshold, meaning pensioners would not pay income tax on the state pension itself, assuming they had no other taxable income.

The proposal comes as the government faces pressure over its finances ahead of the next Budget.

Official figures showed that the UK public sector borrowed £18.3bn in August, the second-highest borrowing figure recorded for the month. Borrowing for the financial year so far was also £8.1bn above the level forecast by the Office for Budget Responsibility.

The government is therefore expected to face difficult decisions over taxation and spending when the Chancellor delivers the Budget.

Other possible tax changes under discussion include changes to capital gains tax and the proposed high-value council tax surcharge on expensive properties.

No decision on the personal allowance has been announced, and the final policy will depend on the Chancellor’s Budget decisions.

(skynews)

News

Six Corps Members Receive N10m Grants To Boost Agribusiness

Published

3 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

3 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.”