News
FG to cultivate 500-hectare farm for Benue IDPs – Minister
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The Federal Government has announced plans to cultivate a 500-hectare farm for Internally Displaced Persons (IDPs) in Benue.
Minister of Humanitarian Affairs, Poverty Reduction, and Disaster Management, Prof. Nentawe Yilwata, made the disclosure on Friday in Makurdi during the launching of the State Durable Solutions Action Plan for IDPs.
The minister said that the Federal Government, through the National Aggression Land Development Agency (NALDA), would cultivate 10,000 hectares of land for IDPs across the country.
He said out of the total number of hectares, 500 would be cultivated for Benue IDPs.
Yilwatda further said that the Federal Commissioner, National Commission for Refugees, Migrants, and IDPs would provide seeds and farm inputs to the IDPs for the 500 hectares that would be done.
He explained that a total of 1,000 IDP households would benefit from the scheme with two households per hectare.
“They will be given seeds. They will be given farm inputs. 30 per cent of the farm will be given to the locals, that is, the host community.
“70 per cent will be given to the IDPs to promote social cohesion between the host community and the IDPs,” he said.
On the durable solutions, the minister commended the Benue Government for its resilience, focus, and commitment to the well-being of her displaced population.
Yilwata said that the launching of durable solutions for Benue IDPs was to celebrate progress of a united front, driven by compassion and guided by purpose.
He said that Benue was the first state to launch durable solutions that were majorly agricultural-driven for the displaced persons.
“When I was appointed in November, we launched this durable solution, visited states, and five state governors committed themselves to give us lands, and among them is Benue.
“Between November, when I was appointed, and now, Benue is the only state that has not just fulfilled and matched programme words with action but has demonstrated by even creating the cooperatives of over 200, the highest in any of the IDPs in Nigeria.
“Not just that, they donated land and cleared about 1,000 hectares in six different locations as part of the efforts. That is remarkable for building hope for our people.
“It is not just a programme; it is a lifeline, a foundation upon which vulnerable individuals, particularly widows, pregnant women, breastfeeding mothers, and persons with disabilities, can rebuild their lives.
“Thank you, Gov. Hyacinth Alia, for what you are doing for our people. The IDPs will not only be given farm inputs but also skills and resources to create sustainable livelihoods,” he said. (NAN)
News
Dangote Refinery Slashes Petrol Price To N825
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By Abubakar Yunusa
Dangote Petroleum Refinery has slashed its ex-depot price of premium motor spirit (PMS), also known as petrol, to N825.
Esan Sunday, head of media relations and branding communications at Dangote Group, announced the reduction in a statement on Wednesday.
The development comes more than three weeks after the refinery reduced petrol price from N950 per litre to N890.
The new price means that the refinery has significantly cut the ex-depot price by N125 from N950 per litre in January.
“This recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos,” the statement reads.
“This strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.
“It is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians.
“This marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month.
“Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.”
The oil firm refinery also said previous reductions have positively impacted the overall cost of living, benefiting various sectors of the economy.
Dangote refinery added that its high-quality products, which have become a favourite in both domestic and international markets, will remain available nationwide, particularly through its key partners — MRS Holdings, AP (Ardova Petroleum), and Heyden — at market-friendly rates.
The organisation assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby boosting the country’s foreign exchange (FX) earnings.
The refinery also called on marketers to support the initiative, ensuring that Nigerians remain the primary beneficiaries of its effort
News
I Inherited N8bn Debt In APC – Ganduje
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Abdullahi Ganduje, the national chairman of the All Progressives Congress (APC), says the ruling party had a debt of N8.9 billion when he assumed office.
Ganduje took over from Abdullahi Adamu, who was the national chairman of the APC until his resignation in July 2023.
Speaking during the APC’s NEC meeting in Abuja on Wednesday, the former Kano governor said the expenses were incurred during pre-election legal battles, election cases, and appeals for legislative, governorship, and presidential elections.
“The current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663, arising from various legal engagements,” Ganduje said.
However, the APC chairman said Kareem Kana, the national legal adviser, has been working to reduce the debt burden.
“We still passionately appeal to the national executive committee to intervene accordingly,” he said.
Earlier today, the chairman said the party is making efforts to mend internal divisions and bring aggrieved members back into the fold.
Ganduje explained that the APC had initiated high-level discussions among party leaders and stakeholders to address lingering disagreements and strengthen party unity.
National
Alleged N1.3bn Fraud: EFCC Arraigns P-Square’s Ex-Manager
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The Economic and Financial Crimes Commission (EFCC) has arraigned Jude Okoye, the elder brother and former manager of Paul and Peter Okoye of the defunct music group, P-Square, on charges of laundering ₦1.38billion, $ 1 million and £34,537.59.
Jude was arraigned alongside his company, Northside Music Ltd, before Justice Alexander Owoeye of the Federal High Court, Lagos, on a seven-count charge
One of the counts read: “That you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful act and thereby committed an offence contrary to Section 18 (2) (d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Another count read: “That you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did indirectly using bureau de change convert the sum of $1,019,762.87 (One million nineteen thousand, seven hundred and six-two dollars eighty-seven cents), domiciled in Access Bank Plc operated by Northside Music Lid to the naira equivalent and remitted into various bank accounts with the intention of concealing that the said fund form part of the proceeds of an unlawful act and thereby committed an offence contrary to Section 18 (2)(a) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
He pleaded “not guilty” to the charges.
In view of his plea, the prosecution counsel, Larry Peters Aso, applied for a date for hearing as well as for the remand of the defendant in the correctional facility pending trial.
The defendant’s counsel, Inibehe Effiong, informed the court of a pending bail application. He asked for a short date for the hearing. Effiong also asked that the defendant be remanded in the EFCC’s custody pending the hearing of the application.
Aso objected to the request for the defendant to be remanded in the EFCC custody. He argued that the EFCC custody was already congested with suspects awaiting arraignment. He urged the court to remand the defendant to the correctional facility since he had taken his plea.
Justice Owoeye adjourned the matter till February 28 for bail hearing and April 14 for trial.
He also ordered that the defendant be remanded in the Ikoyi correctional facility.