
News
Hardship: Tinubu floats company to reduce food, drug prices
President Bola Tinubu says the Federal Government hopes to bring down the price of food and promote local manufacturing of essential drugs and other medical supplies through the establishment of a National Credit Guarantee Company in the new year.
Tinubu, who disclosed this in his New Year nationwide broadcast to the nation, also asked states to key into the federal government’s Compressed Natural Gas, CNG, programme to reduce the cost of transportation for Nigerians.
The President equally said the youth confab he promised in the aftermath of the #EndBadGovernance protests across the country, would begin in the first quarter of 2025, as a testament of his government’s commitment to youth inclusiveness and investment as nation-builders.
This is as the main opposition party, the Peoples Democratic Party, PDP, charged the President not to taint the new year with an address that will not proffer immediate and concrete steps to reduce the price of fuel and address widespread hunger.
New coy to partner BOI, NSIA, others
According to the President, the new company, which is expected to begin operations before the end of the second quarter of the new year, is a partnership of government institutions, including the Bank of Industry, BOI, Nigerian Consumer Credit Corporation, the Nigerian Sovereign Investment Agency, NSIA, the Ministry of Finance Incorporated, the private sector and multilateral institutions.

Tinubu, who noted that the initiative will strengthen the confidence of the financial system, expand credit access and support under-served groups such as women and youth, said the new company will help expand risk-sharing instruments for financial institutions and enterprises.
The President said: “As the new year dawns, it brings many hopes, aspirations, and prospects for better days. By the grace of God, 2025 will be a year of great promise in which we will fulfil our collective desires.
“Though 2024 posed numerous challenges to our citizens and households, I am confident that the New Year will bring brighter days. Economic indicators point to a positive and encouraging outlook for our nation.
“Fuel prices have gradually decreased, and we recorded foreign trade surpluses in three consecutive quarters. Foreign reserves have risen, and the naira has strengthened against the US dollar, bringing greater stability.
“The stock market’s record growth has generated trillions of naira in wealth, and the surge in foreign investment reflects renewed confidence in our economy. Nevertheless, the cost of food and essential drugs remained a significant concern for many Nigerian households in 2024.
“In 2025, our government is committed to intensifying efforts to lower these costs by boosting food production and promoting local manufacturing of essential drugs and other medical supplies. We are resolute in our ambition to reduce inflation from its current high of 34.6% to 15%. With diligent work and God’s help, we will achieve this goal and provide relief to all our people.
“In this new year, my administration will further consolidate and increase access to credit for individuals and critical sectors of the economy to boost national economic output.
Company to expand risk-sharing instruments for banks, businesses
“To achieve this, the Federal Government will establish the National Credit Guarantee Company to expand risk-sharing instruments for financial institutions and enterprises.
The company, expected to start operations before the end of the second quarter, is a partnership of government institutions, such as the Bank of Industry, Nigerian Consumer Credit Corporation, the Nigerian Sovereign Investment Agency, and Ministry of Finance Incorporated, the private sector, and multilateral institutions.
“This initiative will strengthen the confidence of the financial system, expand credit access, and support under-served groups such as women and youth. It will drive growth, re-industrialisation, and better living standards for our people.
“On a personal note, thank you for placing your confidence in me as your president. Your trust humbles me, and I promise to continue serving you diligently and wholeheartedly.
“We will continue to embark on necessary reforms to foster sustainable growth and prosperity for our nation.
‘’I seek your co-operation and collaboration at all times as we pursue our goal of a one trillion-dollar economy. Let us stay focused and united.
‘’We are on the right path to building a great Nigeria that will work for everyone. Let us not get distracted by a tiny segment of our population that still sees things through the prisms of politics, ethnicity, region, and religion.
‘’To achieve our national goals and objectives, we must become better citizens and uncompromising in our devotion and allegiance to Nigeria.
‘’Citizens’ moral rectitude and faith in our country are fundamental to the success of the Renewed Hope Agenda. In 2025, we will commit to promoting adherence to ethical principles, shared values, and beliefs under the National Identity Project.
‘’I will unveil the National Values Charter, already approved by the Federal Executive Council, in the first quarter of 2025. I will launch an ambitious national orientation campaign that fosters patriotism and love for our country and inspires citizens to rally together.
‘’The Charter will promote mutual commitments between the government and citizens and foster trust and cooperation among our diverse population and between the government and the citizens.
‘’As far-reaching and foundational as our reforms are, they can produce the desired outcomes only through shared common values and identities and unconditional love for our country.
Youth confab for the first quarter of 2025
‘’The Youth Confab will begin in the first quarter of 2025, a testament to our commitment to youth inclusiveness and investment as nation-builders. The Ministry of Youth will soon announce the modalities for selecting the conference’s representatives from our diverse, youthful population.
‘’Let me use this New Year’s message to urge our governors and local council chairpersons to work closely with the central government to seize emerging opportunities in agriculture, livestock, and tax reforms and move our nation forward.
‘’I commend governors who have embraced our Compressed Natural Gas initiative by launching CNG-propelled public transport. I also congratulate those who have adopted electric vehicles as part of our national energy mix and transition. The Federal Government will always offer necessary assistance to the states.
“To all citizens, your sacrifices have not been in vain over the past 19 months. I assure you they will not be in vain, even in the months ahead. Together, let us stay the course of nation-building.
The New Year will bring us closer to the bright future we all desire and the Nigeria of our dreams.
PDP charges Tinubu to address insecurity, food crisis
Meanwhile, Peoples Democratic Party, PDP, has charged President Bola Tinubu not to taint the new year with an address that will not proffer immediate and concrete steps to reduce the price of fuel and address widespread hunger.
The party also asked the President to provide clear-cut measures to guarantee security of lives and property in the country.
National Publicity Secretary of PDP, Debo Ologunagba, who gave the charge in a statement in Abuja yesterday, said: “The party’s position is predicated on the fact that previous addresses by Mr. President in the last 18 months dwelt only on hopeless rhetoric, unsubstantiated statistics, false promises, conjured performance claims and validation of flawed elections without concrete mechanisms to address insecurity, resuscitate the economy, create jobs, ensure credible elections and guarantee better living standard for Nigerians.
“The PDP maintains that President Tinubu must speak to the issues of unbridled corruption, deceit, budget padding, reckless and wasteful spending directed to fund the luxury appetite of APC leaders, insensitivity to the pains of citizens and total disregard to the obligation of government which has made life unbearable for Nigerians under his watch.
“The Party also challenges President Tinubu to use the address to give an account of the billions of Naira officially reported to have accrued from the removal of subsidy on petroleum products.
“Furthermore, Mr President should come clean on his public commitment to fight corruption by ordering an investigation and recovery of the over N25 trillion reportedly stolen by APC leaders and officials in government who have turned government agencies to Automated Teller Machines, ATM, to siphon funds for their benefit while other Nigerians wallow in abject poverty, hunger and starvation.
“Equally worrisome is the failure of the APC government to revisit and address the reported cases of alleged State-backed killings in various parts of the country, particularly the 2020 EndSars killings and inhuman denial of the massacre of promising Nigerian youths in that sad and repulsive incident.
“The last 18 months have been the most excruciating period to Nigerians since the Civil War with citizens now resorting to suicide and slavery mission aboard due to the hopeless situation foisted by the anti-people policies of the suppressive, exploitative and insensitive APC government which continues to reject every appeal and suggestion for review of such policies.
“More disheartening is that while Nigerians die of hunger and insecurity, APC leaders and officials in government continue to flaunt their luxury appetite and lifestyle in utter disdain to the feelings of millions of impoverished citizens.
“The PDP cautions the APC not to carry over such attitude into 2025 as such would further exasperate the patience and sensibility of Nigerians.
“Our party however urges Nigerians not to lose hope in the nation but remain law-abiding and approach 2025 with optimism of a new dawn in their determination to defend our nation’s constitutional democracy, adherence to the rule of law, demand for transparency and accountability in government; in firm resistance to suppression and pervasive violations by the APC.
“This, the PDP believes is the sure step in the quest by our Party and Nigerians to return our country to the path of stability and economic prosperity which has eluded her since the calamitous coming of the APC in 2015. The PDP salutes Nigerians and wishes all a Happy 2025.”
News
Mbah installs N500m Surgical Equipment at Parklane, targets Nigeria’s Best Teaching Hospital
…CMD: Upgrades have strengthened specialist care and postgraduate training, as ESUTH secures multiple five-year accreditations
The administration of Governor Peter Ndubuisi Mbah has installed new surgical equipment and upgraded medical facilities valued at over N500 million at the Enugu State University Teaching Hospital (ESUTH), Parklane, Enugu, as part of efforts to transform the institution into a world-class tertiary healthcare and specialist training centre, with the ultimate goal of making it one of the best teaching hospitals in Nigeria.
The Chief Medical Director of ESUTH, Prof. Bethrand Ngwu, disclosed this over the weekend when he conducted Government House Correspondents on an inspection of the newly installed facilities, including the main theatre, Accident and Emergency Department and specialised equipment for complex surgical procedures.

Chief Medical Director of ESUTH, Prof. Bethrand Ngwu
Prof. Ngwu said the upgrades were strengthening the hospital’s capacity to provide faster and more specialised care to patients, while also supporting postgraduate medical training and accreditation.
“Those machines provided by His Excellency, Dr Peter Ndubuisi Mbah, are all aimed at postgraduate accreditation by these two big institutions, the National Postgraduate Medical College and the West African College of Surgeons,” he said.

But beyond professional requirements, the CMD said the upgrades were designed to make a tangible difference in the treatment of patients, particularly those arriving in emergencies.
He said the upgraded Accident and Emergency Department was being developed to function as an autonomous unit where patients could undergo necessary investigations and receive immediate treatment without being moved unnecessarily between different sections of the hospital.
“When he came, the Accident and Emergency was empty. But now you can see how beautiful it is looking. That is what he wants. He wants here to look beautiful, efficient and functional. And that is where we are going,” Ngwu said.
According to him, the arrangement would enable emergency patients to undergo necessary tests and receive immediate treatment within the unit, while those requiring surgery could be operated on there and later transferred to the ward after stabilisation.
Prof. Ngwu said the new equipment had also expanded the hospital’s capacity to undertake highly specialised procedures such as neurosurgery.
He disclosed that the neurosurgical theatre had received new operating tables, ventilators and specialised anaesthetic equipment fitted with capnography, which enables doctors to monitor carbon dioxide levels during complex operations.

Ngwu said ESUTH had recorded several accreditation successes across its specialist programmes since 2023, while explaining that accreditation was essential because resident doctors must train in accredited programmes before proceeding to their professional examinations.
“Accreditation is a regular thing. Because if you do not have accreditation, you cannot even go for professional examination,” he said.
He noted that ESUTH had also recently received accreditation from the Medical and Dental Council of Nigeria (MDCN), which oversees undergraduate medical training, with the hospital’s MBBS quota subsequently increased to 350 medical students.
According to him, the hospital had secured five-year accreditations from the National Postgraduate Medical College and the West African College of Surgeons in areas including Family Medicine, Anaesthesia, Physiotherapy and Radiography, while its School of Nursing had also been upgraded to a College of Nursing.
Also, the hospital is preparing for another round of postgraduate accreditations in October, with the Accident and Emergency and Surgery departments among the areas to undergo review by the relevant professional bodies.
Prof. Ngwu said Parklane’s specialist manpower was another major strength of the institution, disclosing that the hospital had approximately 126 full-time consultants as of December 2025 and 50 part-time consultants currently, covering different fields of specialty, including paediatric surgery and neurosurgery.
He disclosed further that the hospital had nearly 300 resident doctors, 540 nurses and 120 house officers, adding that Governor Mbah had also granted approval for a further increase in the hospital’s manpower.
On reports of an ongoing strike by resident doctors, the CMD confirmed that they had indeed embarked on a partial strike, but said the action lasted less than three weeks before it was called off following the resolution of the misunderstanding.
The CMD said the hospital’s resident doctors were benefiting from the Medical Residency Training Fund (MRTF), introduced by the Mbah administration to support specialist training and professional examinations. He said the government had this year paid the MRTF for 266 resident doctors, at nearly N1 million per doctor.
“This Medical Residency Training Fund was not in place before Governor Mbah came. He introduced it. He said every doctor should go for more training,” Ngwu said.
Prof. Ngwu said the administration had also invested in the training and welfare of interns across different health professions, including medicine, nursing, physiotherapy, pharmacy and radiology, providing them with the necessary environment for their compulsory one-year professional training.
He said the interns had expressed appreciation for the intervention and were planning a statewide sporting championship in honour of the governor.
The CMD further disclosed that the hospital was working towards completing a new multi-storey medical and diagnostic complex containing several theatres, advanced laboratories, intensive care units and recovery rooms.
He explained that management had decided to refurbish the existing theatre complex rather than wait for the new building to be completed because postgraduate doctors currently undergoing training needed the facilities for their examinations and accreditation exercises.
According to him, the existing theatre building had been refurbished and modified in line with requirements raised by the National Postgraduate Medical College, including improvements to its access points, lighting and other essential facilities.
He said the new medical complex would eventually provide expanded capacity for surgical procedures, intensive care and post-operative recovery, while the existing facility could subsequently be removed, converted to another use or further modernised.
Prof. Ngwu also outlined measures being put in place to ensure that the multimillion-naira equipment would remain functional and deliver value over the long term.
He said the hospital was training biomedical engineers and technicians while also entering into service agreements with equipment suppliers to provide maintenance for between two and three years after installation.
“The whole essence is that if an equipment is bought or installed, and is maintained for two or three years, before the end of that period, we must have had or trained people who will continue to maintain and manage it,” he said.
The CMD added that the hospital was also adopting a backup strategy for critical equipment to ensure that services would not be disrupted when a machine was undergoing servicing or developed a fault.
He cited imaging equipment as an example, saying some machines were currently undergoing servicing while additional equipment supplied by the state government provided backup capacity.
Prof. Ngwu said the upgraded facilities were available to all patients, regardless of their social or economic status, dismissing reports that the new Accident and Emergency building was reserved for VIPs.
“Whether you are rich or poor, we accept you, and no part of this hospital is reserved for VIPs. Reports that the new Accident and Emergency building is exclusively reserved for VIPs are false and should be disregarded. This is our hospital,” he said.
He expressed appreciation to the state government for its interventions at Parklane, saying the upgrades had significantly changed the physical and professional environment at the hospital.
“The upgrades we have witnessed in this hospital over the past three years of Governor Mbah’s administration have been substantial and cut across every sector. But His Excellency prefers to let his work speak for itself. He does not make noise about what he does. He simply focuses on getting things done and done properly,” he said.
News
‘I’m strong, ready to work’ – Tinubu speaks after return from vacation
President Bola Ahmed Tinubu has returned to Nigeria after spending about four weeks in Europe, declaring that he is hale, healthy and ready to resume work.
Tinubu made the remarks on Tuesday evening after arriving in Lagos from Paris, where he had spent the latter part of his working vacation.
Responding to journalists who asked about concerns raised about his health condition, the President said he remained fit and prepared to continue his duties.
“Rumours will always emanate from politics. I am hale and strong. I am ready to work. The fact remains that I am here, healthy, sound and ready to go,” Tinubu said.
The President had departed Nigeria on August 30 for London before travelling to Paris, with the Presidency describing the trip as a working vacation.

He later extended his stay by a few days before returning to Nigeria on Tuesday.
His prolonged absence from the country had generated public and political debate, with opposition figures questioning the length of his stay abroad and his decision not to personally attend the 81st United Nations General Assembly in New York.
The Presidency, however, maintained that Tinubu remained in touch with officials in Nigeria and continued to direct government affairs while abroad.
Vice President Kashim Shettima represented him at several official engagements, including the UN General Assembly.
During his time in France, Tinubu met French President Emmanuel Macron and businessman Vincent Bolloré.
The Presidency also linked his stay to engagements with investors and discussions around major investment projects, including the proposed Gateway Deep Sea Port in Ogun State.
The President is expected to remain in Lagos for the 66th Independence Anniversary celebrations.
He is scheduled to attend official engagements in the state, including activities marking Nigeria’s independence on October 1, before returning to Abuja.
News
Xenophobia: Nigerian Consulate condemns killing of three Nigerians in South Africa
The Consulate General of the Federal Republic of Nigeria in Johannesburg has condemned the deaths of three Nigerian nationals killed in different parts of South Africa in less than one week, between September 18 and 21, 2026.
In a statement issued today, the Consulate said the killings raise fresh concerns over the safety of Nigerians and other foreigners in South Africa and point to what seems to be a pattern of targeting Nigerians.
According to the Consulate, on September 18, 2026, one Kenechukwu Christopher Igwemadu allegedly jumped to his death while trying to escape police harassment and brutality at Kenlin Court on Douglas Street, Central Business District (CBD), Bloemfontein.
On September 20, 2026, another Nigerian, Olaniyi Olaleye Olatunde, was shot dead at Spanata Bar and Grill Night Club in Mamelodi East, Pretoria, by an unidentified South African.
The deceased, who worked as a security guard at the club located in Summer Event Centre, was said to have attempted to stop a customer from leaving the club with a cup belonging to the club.

The encounter degenerated into an altercation, and the customer pulled out his firearm and shot Olatunde in the lower body, leading to serious injury and profuse loss of blood.
“The shooter immediately fled the scene. However, on realising that his identity was known by many at the Club, he later returned to the Club and threatened to also kill any witnesses who dare to report the case and identify him to the Police,” the statement said.
Olatunde was rushed to Mamelodi Hospital, where he was confirmed dead on the morning of September 21, 2026.
The third incident occurred on September 21, 2026, in Primrose, Ekurhuleni, where South African politician-cum-investigative content creator, Xolani Khumalo, and his content creation team, Sizok’thola, allegedly tortured and killed Christian Hillary Nnaemeka.
The Consulate said that, despite not finding anything incriminating on the deceased, the crew beat and tortured him before he attempted to escape by jumping over a fence, after which he collapsed from injuries and exhaustion and was pronounced dead on arrival at the hospital.
The Consulate recalled that on February 9, 2026, another Nigerian, Emeka Clement Uzor, was also shot dead by the same Khumalo’s reality TV crew in Windsor East, Randburg, yet no arrests have been made and Khumalo is currently running for election to become Mayor of Ekurhuleni.
“Reports of these continuous incidents are deeply troubling and continue to raise numerous questions over the safety of Nigerians and other foreigners in South Africa,” the Consulate said, calling on relevant South African authorities to investigate the deaths thoroughly and bring perpetrators to justice.
“Our position remains that Nigerian and all lives matter. In cases where allegations may exist, no matter what they are, there are processes and steps to justice. All should be presumed innocent,” it added.
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