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Policy Summersaults Threat To Nigeria’s Growth: CRC Boss
Stephen Olufemi Oni, Ilorin
Nigeria’s quest to build a vibrant entrepreneurial economy is under serious threat due to inconsistent government policies, weak infrastructure and fragmented data systems, Managing Director of CRC Credit Bureau Limited, Dr Ahmed Babatunde Popoola, has said.
Popoola raised the alarm while delivering a lecture at the Kwara State University (KWASU), Malete, where he stressed that access to finance alone cannot drive business growth without trust, reliable data and coordinated policy direction.
According to him, Nigeria must urgently strengthen three key pillars—financial services, financial infrastructure and socio-economic systems—to compete with leading entrepreneurial economies globally.
“We must develop all these three in Nigeria to join the league of entrepreneurial economies,” he said.
He expressed concern that frequent policy changes by successive administrations have weakened the impact of government interventions on small businesses and consumers.
“At the public policy level, a coherent access to finance framework for consumers and SMEs needs to be developed. We have observed that different administrations embark on different policies and continuity is not guaranteed. This is a major challenge in Nigeria,” Popoola stated.
The CRC boss also decried the dominance of informal credit systems, warning that millions of Nigerians, including users of unregulated digital lending platforms, remain outside the formal financial ecosystem.
“A lot of credit activities take place informally outside the formal financial system. A robust finance framework would connect these fragmented sources to the formal system and enhance financial inclusion,” he said.
On identity management, he called for the harmonisation of multiple identification platforms under the National Identification Number (NIN), proposing a unified system for all Nigerians.
“We need to accelerate the fusion of tax ID, passport, BVN, driver’s licence and voter’s card with the NIN. It should be the only unique number for everyone,” he added.
Popoola further warned that rising digital financial transactions have increased exposure to fraud and data breaches, urging stricter enforcement of data protection laws.
“Data is central to the success of the financial system. It must be protected from abuse and unauthorised access. Strict compliance with data protection regulations should be enforced,” he said.
He also urged government to unlock critical data held by telecom firms, power distribution companies, insurers and tax authorities to support credit bureaus in improving lending decisions.
“With the right data, credit bureaus can unlock access to credit for consumers and small businesses. Today, data is locked up in silos and not useful to the economy,” he noted.
Highlighting infrastructure gaps, Popoola described poor electricity supply as a major obstacle to industrialisation and enterprise development.
“I do not think any nation can achieve greatness if access to electricity remains as poor as we currently have it in Nigeria,” he said.
He challenged universities to conduct impact assessments on government-backed SME programmes, noting a lack of evidence on whether such interventions are achieving desired outcomes.
“Rigorous research should determine whether these supports are achieving expected outcomes. As of now, we have little research activities in this area,” he added.
Popoola, however, acknowledged progress in Nigeria’s digital ecosystem, citing the growth of fintech firms such as Flutterwave, OPay, Interswitch and MoniePoint as evidence of emerging trust infrastructure.
“Government direct financial support is a form of subsidy and cannot materially address the gaps in access to finance. The promotion of financial infrastructure will move the needle faster,” he said.
He emphasised that improving education and healthcare systems is critical to unlocking the potential of Nigeria’s youthful population.
“When we build the capacity of people through quality education and accessible healthcare, we will unleash opportunities for our youthful population to live lives of dignity and prosperity,” Popoola said.
Meanwhile, the Vice-Chancellor of Kwara State University, Professor Shaykh-Luqman Jimoh, reaffirmed the institution’s commitment to bridging the gap between academia and industry through strategic partnerships.
Jimoh said the collaboration between the university and CRC Credit Bureau Limited would enhance students’ employability through internships, research and industry exposure.
“This lecture is one way we as a university are forging synergy with industry,” he said.
“Our students stand to benefit from structured internships, industry exposure, and targeted employability training, while our faculty will engage in joint research and knowledge exchange that strengthens both academic output and industry practice,” Jimoh added.
He noted that the partnership, formalised in January 2026, focuses on finance, data science and credit management, positioning the university as a driver of economic transformation.
“For us, theory must meet practice on our campuses while practice must reflect grounded theories in our communities. This is the only way universities can contribute meaningfully to national development,” he said.
Also speaking, the Dean of the Faculty of Management and Social Sciences, Dr Rahman Mustapha, underscored the importance of trust in building a sustainable financial and entrepreneurial ecosystem.
“The future of finance and entrepreneurship in Nigeria rests on your shoulders, and trust remains the currency that will sustain your endeavours,” Mustapha told students.
He described the lecture as timely, noting that stronger collaboration between academia and industry is essential for preparing students for real-world challenges and driving national development.
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Rights Activist Urges Tinubu, APC to Release El-Rufai
By Hassan Agboola
A lawyer and human rights activist, Hamza N. Dantani, has called on President Bola Ahmed Tinubu and the leadership of the All Progressives Congress (APC) to immediately and unconditionally release former Kaduna State Governor, Nasir El-Rufai.
Dantani, in a statement on Sunday, said there was a strong perception that El-Rufai’s continued detention was driven not only by the allegations against him but also by political considerations and fears that he could become an obstacle to the APC’s victory in the 2027 elections.
He urged the Federal Government to desist from using intimidation, persecution or state institutions against political opponents, arguing that such measures could not guarantee electoral victory.
Dantani cited the recent governorship election in Osun State as an example, saying political pressure and rivalry did not prevent Governor Ademola Adeleke from emerging victorious.
“Look at Osun State. Despite the political rivalry, the freezing of state accounts and the enormous political pressure surrounding the election, Governor Ademola Adeleke still emerged victorious. That should tell us something: the people ultimately decide,” he said.
The activist said the number of charges filed against a political opponent, the number of courts involved or the length of detention could not guarantee electoral success.
He urged President Tinubu and the APC to demonstrate confidence in their political strength by allowing opponents to participate freely in the political process.
“If you genuinely believe in your political strength and the support of the Nigerian people, then allow your opponents to participate freely in the political process,” he said.
Dantani called for El-Rufai’s release, urging the former governor to return home and participate in the political process ahead of the 2027 general elections.
“Let him play his politics, and let the people decide in 2027,” he said.
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Kwara Customs Hailed For A Clean Operational Record
Stephen Olufemi Oni, Ilorin
The Nigeria Customs Service, Kwara Area Command, has received commendation from the Assistant Comptroller-General of Customs and Zonal Coordinator for Zone ‘B’, Nsikan Patrick Umoh, for maintaining a clean operational record and upholding professionalism in the discharge of its duties.
ACG Umoh gave the commendation during an oversight visit to the Command’s headquarters in Ilorin as part of her tour of operational commands within the zone.
Addressing officers and men of the Command, Umoh was excited that since she assumed office, her headquarters had not received any adverse report against the Kwara Area Command.
She said the record was a reflection of the discipline, integrity and professionalism demonstrated by personnel in their daily operations.
“I want to commend the leadership and personnel of the Kwara Area Command for their exemplary conduct, discipline and dedication to duty,” she said.
The Customs boss, who delivered the goodwill message of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, urged officers to maintain high standards of professionalism both on and off duty.
She warned personnel against involvement in illicit drugs, sharp practices and other activities capable of tarnishing the image of the Service.
Umoh also called on officers to strengthen unity and teamwork, describing the Service as one family working towards a common goal. She assured them of the continued support of the zonal and Service headquarters.
Earlier, the Acting Area Controller of the Command, Deputy Comptroller Najeem Akanmu Ogundeyi, highlighted the major achievements, operational milestones and administrative successes recorded under his leadership.
The visit also featured an interactive session between the Zonal Coordinator and major trade stakeholders, including representatives of freight forwarding associations, the Manufacturers Association of Nigeria (MAN), and major excise factories such as ITC and SANICA.
During the engagement, Umoh commended the existing relationship between the Command and the business community, while responding to concerns surrounding cargo clearance procedures, examination timelines and regional trade competitiveness.
The stakeholders also received clarifications on issues affecting their operations, with the Customs official assuring them of the Service’s commitment to facilitating legitimate trade.
The oversight visit ended with an inspection of the Command’s administrative offices, warehouse and residential barracks.
Umoh expressed satisfaction with the level of orderliness, environmental cleanliness and discipline observed across the facilities.
The Command said the visit further reinforced its commitment to professionalism, trade facilitation and effective service delivery in Kwara State.
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OUR LAND IS NOT FOR SALE, CATHOLIC PRIESTS TELL FG
By our Correspondent
The Nigeria Catholic Diocesan Priests Association (NCDPA), Makurdi Diocese, has strongly rejected the decision of the Federal Government to include Benue State in the pilot implementation of its National Ranching Policy.
The association said it was particularly concerned that Benue State, which it described as an already bleeding and targeted state, was included in the policy, which is initially kicking off at the Wase Grazing Reserve in Plateau State.
In a statement signed by its Chairman, Rev. Fr. Joseph Terfa Beba, the NCDPA expressed concern over what it described as the apparent exclusion of the Benue State Government from the decision-making and approval process.
The association said had the elected leadership of Benue State been genuinely consulted, it believed the state government would not have consented to any arrangement capable of undermining the rights, dignity, security and ancestral heritage of its people.
“We cannot accept a policy imposed upon a people whose communities have suffered killings, displacement, destruction and prolonged insecurity,” the association said.
It warned that ranching must not become a disguised instrument for land grabbing, forced occupation or the permanent displacement of indigenous communities.
The priests also cited the position of the Catholic Bishop of Makurdi Diocese, Bishop Wilfred Chikpa Anagbe, CMF, saying he had “consistently and courageously spoken against this injustice, culpable silence and every agenda that threatens the ancestral lands of our people.”
The association called on the Federal Government to respect the constitutional rights of the people of Benue State and engage the state government, traditional rulers and community leaders transparently before proceeding with the policy.
It also urged the government to ensure that displaced persons are enabled to return safely and take possession of their ancestral lands before any discussions concerning already existing designated ranching structures in parts of the state and the country.
The NCDPA maintained that Benue was predominantly an agrarian state and not a pastoralist society, arguing that ranching was therefore not viable in the state.
“Ranching in Benue State is therefore NOT VIABLE, and WE REJECT THIS PROJECT IDEA WITH ALL LEGAL AND SPIRITUAL RESOURCES,” the priests declared.
The association said there was no land in Benue for commercial ranching, stressing that ancestral homes should not be treated as bargaining chips.
“Our land is not for sale and has never been on sale. There is no land in Benue State for commercial ranching. Our ancestral homes are not bargaining chips.
“Our people must return home. Benue must not be enslaved through policy. There will be no surrender of our ancestral heritage in whatever form or guise being proposed or presented,” it said.
The association urged the Federal Government to address the concerns of Benue communities and prioritise the safe return of displaced persons before implementing any ranching arrangement in the state.
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