News
Retired Soldiers Storm Defence Ministry, Protest Unpaid Allowances

Military veterans under the aegis of the Retired Members of Nigerian Armed Forces and the Coalition of Concerned Military Veterans, staged the third phase of their protests over the non-payment of their Security Debarment Allowance, among others, at the Ministry of Defence, in Abuja on Monday.
The protesters pitched a tent and blocked access to the Ministry of Defence located at Ship House on Olusegun Obasanjo Way in the country’s capital city.
The retired military men had in January this year, picketed the ministries of finance, defence, and the National Assembly earlier in, in pursuit of the same demand.
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The National Secretary, REMENAF, Ambassador Roy Okhidievbie, who spoke to our correspondent during Monday’s protest, noted that the demonstration was to demand the payment of their security debarment allowance owed them by the Federal Government, adding that the Minister of Defence, Major General Bashir Magashi (retd.) had refused to disburse the allowances despite approval by the President, Major General Muhammadu Buhari’s (retd.) regime.
Okhidievbie said, “We have had meetings with the Defence Minister, Magashi, but he appears to be headstrong, heartless, and unperturbed concerning the grievances of retired military officers, as he never paid nor showed any interest or concern to pay these allowances, especially the Security Debarment Allowance.
“Interestingly, President Buhari-led regime has approved the payment of this allowance, but Magashi have refused to make disbursements.”
Also, the spokesperson for the CVV, Abiodun Durowaiye-Herberts, told our correspondent that Monday’s protest was focused on the non-payment of the Security Debarment Allowance, adding that they were determined to sleep over at the entrance of the Ministry of Defence.
Durowaiye-Herberts said, “We’re here, alongside our wives and children, and the widows of late military personnel and veterans who died in service, some of whom died fighting Boko Haram terrorists.
“We’ll be sleeping over at this place until the Minister of Defence, Magashi accede to our demands.”
A young woman, Anna Nanven, whose husband, a Corporal, was killed by Boko Haram terrorists during an attack on a military barracks in Borno State, 2015, told our correspondent that she had only received one allowance disbursement since her husband’s demise.
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Mrs Nanven said, “My husband was a young man, a Corporal that was killed by Boko Haram terrorists during an attack on the barracks where he worked.
“I now live with his parents, and I bore five kids, three females and two males for him until his demise. The children are aged, 22, 20, 18, 15, and seven years olds, and the two eldest, both girls, that are done with High School can’t afford going to the University because I can’t afford their school fee.
“I am pleading that the President, the Minister of Defence, and Nigerian citizens come to our aid. I and my five children are suffering and living in poverty because I can’t afford starting a business, and I have no job.”
News
Coup: ECOWAS Suspends Guinea-Bissau

The Economic Community of West African States, ECOWAS, has suspended Guinea-Bissau from all its decision-making bodies following the military takeover in the country.
The suspension was announced after an emergency virtual meeting of the ECOWAS Mediation and Security Council, MSC, late Thursday.
The session was chaired by Sierra Leone’s President Julius Maada Bio, who also leads the Authority of ECOWAS Heads of State and Government.
In its communiqué, the MSC said the decision was taken in line with the ECOWAS Protocol on Democracy and Good Governance (2001), stressing that Guinea-Bissau would remain suspended until full and effective constitutional order is restored.
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The coup unfolded on Wednesday, barely three days after the country’s contentious presidential and legislative elections.
The mutinous officers halted the electoral process, shut the nation’s borders and stopped the release of official results.
ECOWAS strongly condemned the takeover, describing the detention of several individuals, including incumbent President Umaro Sissoco Embaló, widely projected to win the election, as unacceptable.
“The MSC condemns in the strongest terms the coup d’état perpetrated on 26 November 2025 and calls for the immediate restoration of constitutional order,” the statement read.
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It also rejected any arrangement that would legitimise the disruption of the democratic process or undermine the will of the people of Guinea-Bissau.
The regional bloc demanded the prompt release of all detained political actors, including President Embaló, electoral officials, and other arrested figures.
ECOWAS also insisted that the electoral commission be allowed to announce the results of Sunday’s vote without interference.
Despite regional pressure, the coup leaders have named the army’s chief of staff, General Horta N’Tam, as transitional head of state for a one-year period.
News
Court Dismisses SPDC’s Objections To Compensation Over Hydrocarbon Pollution In A’Ibom

The Federal High Court sitting in Uyo, Akwa Ibom State has dismissed the preliminary objections by the Shell Petroleum Development company in suit filed by the A’Ibom Oil Producing Development Network (AKPICON), demanding payment of compensation and remediation of battered environment over decades of hydrocarbon pollution occasioned by oil and gas emissions from corked and uncorked oil and wells in various parts of the state.
AKIPCON serves as a mechanism for the realization of environmental justice and protection of human rights of the people over a period of time.
The organization had, through its lead counsel, Dr Dada Awosika, SAN, of Awosika partners in conjunction with Barr Ndifreke Akpan, written to the Managing Director of SPDC demanding payment of N140bn compensation to alleviate the sufferings of the impoverished farmers, fishermen and allied business owners
The letter reads in part, ”Your company owns corked and uncorked oil and gas wells which spread over Akwa Ibom State particularly in Mkpat-Enin, Ini, Ikot Abasi, Onna, Uruan, Esit-Eket, Iket, Uyo, Eastern Obolo, Nsit-Antai, Etinan, Mbo, Okobo, Essien Udim, Ikot-Ekpene Local Government Areas and others.
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”Over the years there has been increased leakages and emissions of crude from your company’s corked and uncorked oil and gas wells and facilities which continually discharge toxic hydrocarbon into farm lands and water bodies in the environment where our clients operate.
”The said leakages/emissions arise from your company’s negligence in the maintenance of your corked and uncorked oil wells. Most often your expired, aged and rusted pipes installed in the early 1950s erupt, discharging crude oil which washes itself into water bodies and farmlands of our clients, resulting in colossal damage to their farmlands and water bodies.
”The activities of your company in this regard has brought untold hardship, economic losses, unemployment, redundancy, insecurity, frustration, abject poverty, phycological trauma and health hazards with attendant human rights consequences to our clients.
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”Flowing from the foregoing, it’s our instruction to demand that your company pays N140bn, only to our clients being compensation for the age-long degradation of their environment and damage caused to their property and means of livelihood arising from your company’s activities. In addition, we demand that you take immediate steps to clean up and remediate our battered environment caused by your operation for decades to return the environment to its pristine state”
But the SPDC, in No: FHC. UY/CS/85/2024 argues that AKPICON does not have the legal rights to institute the case. It also contended that the case is status bar by Akwa Ibom limitation laws on oil spills as the said spills occured over 70 years ago.
However, ruling on the matter on Thursday, the presiding judge, Justice MA Onyetanu, dismissed the SPDC’s preliminary objections for lack of merit and adjourned the case to February 5th for commencement of trail.
News
Naira Records First Depreciation Against US Dollar Across Official, Black FX Markets

The naira dropped for the first time on Thursday across official and parallel foreign exchange markets.
The Central Bank of Nigeria’s data showed that the Naira depreciated slightly to N1,443.90 against the dollar on Thursday, down from N1,442.92.
This means that the Naira weakened marginally by N0.98 against the dollar on a day-to-day basis.
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Similarly, the Naira depreciated at the black market by N5 to N1,470 per dollar on Thursday from N1,465 since Monday.
The development comes after the naira recorded three straight appreciations against the dollar, gaining N10.92 against the dollar.
Meanwhile, the apex bank data showed that the country’s foreign reserves surged to $44.56 billion as of 26th November 2025, up from $44.26 billion on 21st November.
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