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Economy

Ag. Gov. Kadafur Harps On Agriculture As Hub of Livelihood.

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Acting Governor of Borno State, Umar Usman Kadafur has Flagged off the Distribution of Crop Production Inputs For The 2024 Rainy Season.
Organized by the Borno State Government in collaboration with the Food And Agricultural Organization, FAO, the Acting Governor eiterated Government’s determination to support Farmers For Improved Livelihood.
Kadafur said, Borno State Government is indeed aware of the strategic role being played by the Food and Agricultural Organization, particularly in assisting victims of the insurgency in bringing about viable and sustainable livelihood to the populace.
This he said, is against the background that the state Government is relentless working for the peace and security in the of citizens..
Kadafur said, “this bold initiative is a collaborative effort between the Borno state government and the Food and Agricultural Organization to help our people, especially those recently relocated back to their ancestral homes, to restart a meaningful livelihood and improve their productive capabilities and general well-being”.

“The inputs being distributed today include assorted improved seeds of cereals, legumes, maize and vegetables as well as bags of wet-blenked NPK fertiliser” he added.

According to him, the distribution aims at targeting subsistence and small scale farmers, numbering about 26,750, in Borno, Adamawa, Yobe and Taraba States, stresding “about half of the beneficiaries are however from Borno State alone”.

Umar Usman Kadafur noted that Borno state is essentially an agrarian state and majority of the people are engaged in various aspects of agricultural activities, thus. the distribution of these crop inputs, will encourage farmers to be more determined in engaging in farming activities and towards having a reliable and dependable means of livelihood.
On his part, the FAO representative in Nigeria and Ecowas Dominique Koffy, said FAO has been implementing an extensive programme targeting IDPs, returnees and host communities in the three states most affected by the conflict in the northeast.

“FAO’s emergency strategy aims to strengthen the food production capacity of farming and agro-pastoral communities in conflict affected areas.

FAOs vision of zero hunger as highlighted by the SDG2 guides our intervention through procurement and distribution of nutrient dense vegetables, cereals, and legume quality seeds and NPK fertilizers.

This year, with the funding support from 4 financing partners including the Governments of Norway, United States of America, Switzerland, and the European Commission, FAO is supporting 26,750 vulnerable households, including returning IDPS and their host communities with productive agriculture assets to rebuild their lives and livelihoods.

The 2024 intervention in Borno state will benefit 9,975 households across 7 Local Government Areas in the State.

The support by FAO will help households mitigate the escalating food insecurity while at the same time build resilience of the returnees in the settled communities”. He averred.

There were speeches by representatives of commissioner for agriculture and natural resources, World Food Programme and chairperson of Jere local government.

The Acting Governor was accompanied by the APC State Chairman Rt.Hon.Bello Ayuba,Secretary to the Borno State government Hon.Bukar Tijjani,Members of the Borno State executive council,Deputy Chief of Staff Alhaji Haruna Hassan Tela,Special Advisers,Senior Special Assistant,Principle Secretary to the Acting Governor Alhaji Mohammed Adamu Lawan,Permanent Secretaries among other top government officials.

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Economy

Nigerians to Pay More for Petrol as Fuel Prices Rise Nationwide

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By: Fabian Apechihin

Nigerians are facing yet another spike in fuel prices as premium motor spirit (petrol) now sells for between ₦905 and ₦945 per litre across several filling stations in Abuja.

Checks on Monday, October 6, 2025, revealed that Nigerian National Petroleum Company Limited (NNPCL) retail outlets, along with Empire, AA Rano, and Shema filling stations, adjusted their pump prices upwards. Empire Filling Station in Gwarimpa reportedly sold petrol at the highest rate of ₦945 per litre.

Other stations, including MRS, Emedeb, Ranoil, and Eterna, dispensed petrol between ₦885 and ₦910 per litre.

Marketers Blame PENGASSAN Strike for Price Surge
The Independent Petroleum Marketers Association of Nigeria (IPMAN) attributed the sudden hike to disruptions caused by last week’s strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

IPMAN President, Abubakar Maigandi, explained that the price increase was largely due to supply interruptions. He noted that stations receiving supplies from Dangote Refinery were still selling between ₦885 and ₦895 per litre, adding that prices were expected to stabilize soon.

“The feud between Dangote Refinery and PENGASSAN may have triggered panic buying and artificial scarcity. I can assure you that prices will drop and return to normal in the coming days,” Maigandi said.

IPMAN spokesperson Chinedu Ukadike also confirmed that the PENGASSAN strike caused temporary shortages in Lagos and Abuja but expressed optimism that availability would improve as supply chains normalize.

Depot Prices Edge Up
Depot prices have reportedly risen slightly, with Dangote Refinery selling petrol at ₦844 per litre, Ranoil and Aiteo at ₦845, and NIPCO at ₦850 in Lagos.

The fuel price increase comes just days after Dangote Refinery and PENGASSAN resolved their dispute over the alleged mass dismissal of Nigerian workers, which led to a two-day strike. Federal Government intervention helped broker peace between both parties.

Dangote Refinery later thanked President Bola Ahmed Tinubu and other mediators for their role in ending the strike.

Shettima, PENGASSAN Trade Words
Meanwhile, Vice President Kashim Shettima, speaking at the 31st Nigerian Economic Summit (NES31) on Monday, criticized PENGASSAN, declaring that “Nigeria is bigger than the union.”

In response, PENGASSAN President Festus Osifo countered, saying the country is also “bigger than Dangote Refinery and the presidency,” emphasizing the union’s commitment to protecting Nigerian workers’ rights.

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Economy

Tourism wearing a new face in Kwara: Commissioner

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  • Urges Kwarans, foreigners to embrace it Stephen Olufemi Oni, Ilorin

Kwara State Government has continued to showcase the beauty of culture and traditional assets and its uniqueness in the daily lives of the citizens, urging the people to embrace it for development.

The State Commissioner for Communications, Hon. Bolanle Olukoju, had earlier in a broadcast, enjoined the people of the State, at home and in the diaspora, to embrace tourism as a tool for developmental progress to sustain transformational growth in line with the policy thrust of Mallam AbdulRahman AbdulRazaq’s-led administration.

The Commissioner made the call to mark the 2025 World Tourism day with the theme, ‘Tourism and Sustainable Transformation’, as declared by the United Nation’s World Tourism Organization(UNWTO).

According to Olukoju, tourism is more than travel, it is actually a way of supporting people, culture, and the environment while driving economic growth, urging all and sundry to explore the various tourist sites around them.

“Tourism is not just travel, it is about building a future where every journey contributes to people, culture and planet, it is about hospitality that opens our heart and also helps to preserve our heritage and create opportunities for growth and development”, She said.

The Commissioner, who was delighted that the Ilorin Emirate Durbar was recently ranked among the top ten festivals in Nigeria, celebrated Hajia Faridah Shagaya, who was recognised among Africa’s top tourism personalities, describing the recognitions as sources of pride for the state.

She commended the administration of Governor AbdulRazaq for investing in tourism and hospitality, citing projects such as the Visual Arts Centre, Flower Garden, and Sugar Factory Film Studios, among others, as commendable efforts.

She also announced that this year’s celebration includes a roundtable with stakeholders to advance discussions on the future of tourism in Kwara State.

“Tourism is wearing a new face, from the Sugar Factory Film Studio, the Visual Arts Centre and the improved road network to Owu Waterfalls and many more which are evident of his work and is gradually opening Kwara to the World”, she added.

The Commissioner, who was represented at the event by the Director, Personnel, Finance and Supply, Hajia Salamat Yahaya, assured that tourism will continue to receive priority attention under the present administration and urged all stakeholders to support the ongoing efforts to make Kwara a leading destination for culture, heritage, and hospitality.

In her remarks, the Secretary, kwara State Hospitality and Tourism Development Board, Hajia Ramat Akanni, applauded the present administration for priority attention given to the Board.

Hajia Akanni expressed optimism towards an enviable tourism and hospitality driven state, which she assured, would attract prospective investors and enhance revenue generation for the state.

She sought support and utmost compliance from hoteliers and relevant stakeholders to achieve the desired goals, pointing out that violators will face the full wrath of the law.

Relevant stakeholders and participants at the one-day event later visited Sobi Hills and the Kwara Sugar Film Factory as part of activities marking the celebration.

End

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Economy

FAAN Rolls Out Cashless Payment System at Lagos, Abuja Airports

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By: Fabian Apechihin

The Federal Airports Authority of Nigeria (FAAN) has introduced a new contactless and cashless payment system, tagged Operation Go Cashless, in partnership with Paystack.

In a statement on Thursday, FAAN announced that the initiative will take effect from September 29, 2025, at Murtala Muhammed International Airport, Lagos, and Nnamdi Azikiwe International Airport, Abuja.

“Effective September 29, 2025, all payments at FAAN revenue points, including airport access gates, car parks, and FAAN VIP and protocol lounges, will go cashless. This means we will be phasing out cash collection at these points,” the statement read.

According to FAAN, the new system will provide travellers and airport users with faster, more seamless services through a secure, contactless platform. The agency explained that the shift responds to rising demand for modern, transparent payment methods and aligns Nigeria’s airports with global digital standards.

FAAN added that reducing cash handling will enhance efficiency, strengthen revenue assurance, and improve customer experience. It also noted that the cashless policy will be gradually extended to other airports nationwide.


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