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Sterling Bank Hosts Transport Summit, Seeks Urgent Reforms in Logistics Sector

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Sterling Bank Hosts Transport Summit, Seeks Urgent Reforms in Logistics Sector
L-R Olapeju Ibekwe, CEO, Sterling One Foundation; Darlington Nwankwo, Divisional Head, Renewable Energy, Mobility and Tourism, Sterling Bank; Oluwaseun Osiyemi, Honorable Commissioner for Transportation, Lagos State: and Moyomade Akinyosoye, Divisional Head, Institutional Banking, Sterling Bank, at the recently concluded Nigeria Transport and Logistics Summit, hosted by Sterling Bank in Lagos recently.

Sterling Bank Plc has called for bold reforms and coordinated investments to unlock the full potential of Nigeria’s transport and logistics sector, as stakeholders gathered for the inaugural Nigeria Transport & Logistics Summit, NTLS 2026 in Lagos.

The summit, held at Eko Hotel & Suites, brought together policymakers, industry leaders, financiers, and development partners to chart strategies for improving mobility, trade, and connectivity across the country.

With the theme “Funding the Engine of Growth,” the event positioned the transport and logistics sector as a critical yet underutilised driver of economic productivity, regional integration, and national growth.

Speaking at the summit, the Managing Director and CEO of Sterling Bank, Abubakar Suleiman, represented by Olapeju Ibekwe, stressed the need for urgent and coordinated action to address longstanding challenges in the sector.

“We must move beyond diagnosing the problem to building integrated, modern logistics systems that can power productivity at scale,” he said, highlighting the need to fix ports, strengthen logistics corridors, and improve road and rail connectivity.

Suleiman noted that Nigeria’s competitiveness would increasingly depend on how efficiently goods, people, and services are moved, adding that incremental reforms were no longer sufficient.

Also speaking, Divisional Head, Renewable Energy, Mobility and Tourism at the bank, Darlington Nwankwo, described logistics as the backbone of trade and national competitiveness. He emphasised the need for targeted investments and innovative financing models to unlock growth across key sectors.

“We must be deliberate about fixing the logistics backbone of the economy if we are to unlock the growth we need,” he said, adding that Sterling Bank is focused on connecting capital to execution and supporting multimodal transport systems.

The Oluwaseun Osiyemi, also called for strategic investments and forward-looking policies, urging stakeholders to move from planning to implementation while promoting efficiency and sustainability.

In his keynote address, Biodun Adedipe highlighted structural challenges within the sector, noting that Nigeria’s heavy reliance on road transport, accounting for nearly 90 per cent of logistics, has contributed to congestion and rising maintenance costs.

He advocated greater investment in rail infrastructure and warned that meaningful economic transformation would require sustained effort over time.

Panel sessions at the summit focused on reducing logistics costs, improving aviation-road integration, modernising energy distribution systems, and advancing cleaner mobility solutions.

Participants collectively emphasised the need for stronger public-private partnerships, improved regulatory coordination, and structured financing mechanisms to de-risk infrastructure investments.

The summit concluded with a shared commitment to building a more efficient, resilient, and globally competitive transport and logistics ecosystem, seen as critical to boosting Nigeria’s trade capacity and non-oil export growth.

LSSTF Launches Statewide Multi-Agency Training for 1,000 Security Operatives in Lagos

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LSSTF Launches Statewide Multi-Agency Training for 1,000 Security Operatives in Lagos

The Lagos State Security Trust Fund,LSSTF has commenced a comprehensive statewide training programme for over 1,000 security operatives, in a move aimed at strengthening Lagos’ security architecture through enhanced professionalism, ethics, and inter-agency collaboration.

The training, themed “Enhancing Professional Capacity, Ethical Standards and Inter-Agency Collaboration for Effective Security Operations,” is scheduled to run for 10 months and involves personnel drawn from multiple law enforcement and security agencies across the state.

The initiative, executed under the leadership of the Executive Secretary/CEO, Ayo Ogunsan, in partnership with Globus Training and Advisory Ltd., underscores the Lagos State Government’s commitment to a unified and intelligence-driven approach to security management.

In his remarks, Ogunsan described the initiative as a strategic response to the growing complexity of security challenges in Lagos, noting that investment in human capacity is critical to effective security operations.

“Modern security challenges are becoming more sophisticated and interconnected. Addressing them requires not only infrastructure but also well-trained personnel with the right skills, ethical orientation, and ability to collaborate across agencies,” he said.

He noted that the training is anchored on three pillars; professional capacity, ethical standards, and inter-agency collaboration, aimed at transitioning from reactive to intelligence-driven policing.

Also, LSSTF Board Chairman, Kehinde Durosinmi-Etti, who was represented by Agboola Oshodi-Glover, as well as senior officers from participating agencies, gathered to inaugurate the programme.

Oshodi-Glover described the programme as a major evolution in LSSTF’s intervention strategy, urging participants to adopt innovative approaches and heightened situational awareness in their duties.

Similarly, Assistant Inspector General of Police, Olohundare Moshood Jimoh, charged officers to sustain excellence beyond the training environment, while Ayokunle Owolabi, Commander of 9 Brigade and Coordinator of OP Mesa, emphasised the importance of inter-agency synergy in tackling modern security threats.

Other speakers, including Christopher Onajinrin, Adedotun Keshinro, and Christopher Uzoma, highlighted the need for collaboration, continuous learning, and knowledge sharing among security agencies.

Delivering the lead training session, security expert Wale Adeagbo emphasised situational awareness, ethical conduct, and critical thinking as essential components of modern security operations.

He noted that effective policing depends on public trust, urging officers to uphold values of empathy, courage, and service.

Participating agencies include the Nigeria Police Force, Nigerian Army (OP Mesa), Nigeria Immigration Service, National Drug Law Enforcement Agency, Lagos Neighbourhood Safety Agency, Rapid Response Squad, Nigeria Security and Civil Defence Corps, Federal Road Safety Corps, and the Lagos State Traffic Management Authority, among others.

Customs Intercept ₦2.53bn Smuggled Goods, Generate ₦14.7bn Revenue in Oyo/Osun

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Customs Intercept ₦2.53bn Smuggled Goods, Generate ₦14.7bn Revenue in Oyo/Osun

The Nigeria Customs Service, NCS, Oyo/Osun Area Command, has recorded seizures with a Duty Paid Value, DPV of over ₦2.53 billion while generating ₦14.7 billion in revenue within the review period.

Speaking at a press briefing in Ibadan, the Acting Customs Area Controller, Wale Adewole, said the Command intensified anti-smuggling operations and surveillance across its areas of responsibility, leading to significant interceptions of prohibited items.

Adewole disclosed that the seizures, made in line with the Nigeria Customs Service Act, 2023, included 1,603 bags of foreign parboiled rice, 123 bales and 18 sacks of used clothing, 88 sacks of used shoes, and 1,351 pieces of used tyres.

Other items intercepted include 206 used compressors, 1,144 wraps of cannabis sativa and other hard drugs, 29 bottles of vegetable oil, as well as 3,300 packs and 2,140 sachets of tramadol.

The Command also seized 692 kegs of Premium Motor Spirit (PMS) equivalent to 17,300 litres, 2,270 packs of foreign textiles, 20 bags of sugar, and several vehicles including a Lexus jeep, Toyota Corolla, Toyota Hiace bus, DAF truck, and other means of conveyance.

According to him, the total DPV of the seized items stands at ₦2,531,091,846, underscoring the Command’s commitment to combating smuggling and protecting the nation’s economy.

On revenue generation, Adewole revealed that the Command realised ₦14,745,741,806.05 during the period under review, representing a 46.22 per cent increase compared to the ₦10.1 billion generated in the corresponding period of 2025.

He attributed the performance to efforts aimed at blocking revenue leakages, enforcing compliance, and facilitating legitimate trade.

The Customs boss warned smugglers and economic saboteurs to desist from illegal activities, stressing that the Command would sustain its enforcement drive.

He also called on members of the public to support the Service with credible information, noting that compliance with import and export regulations remains the best way to avoid sanctions.

Adewole commended the Comptroller-General of Customs, Bashir Adewale Adeniyi, for his support and strategic leadership, while also appreciating traditional rulers and stakeholders for their cooperation in promoting lawful trade.

He reaffirmed the Command’s commitment to professionalism, transparency, and integrity in the discharge of its duties.

UNILAG Reinstates Students’ Union, Inaugurates Renaissance Administration

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UNILAG Reinstates Students’ Union, Inaugurates Renaissance Administration

The University of Lagos, UNILAG has officially reinstated students’ unionism with the inauguration of new student leaders, marking a major milestone in the institution’s governance and student engagement framework.

The Vice-Chancellor, Folasade Ogunsola, presided over the swearing-in ceremony of the Students’ Union Executives, Hall Executives, and representatives of the Institute of Continuing Education (ICE) programme.

The event took place on March 24, 2026, at the Tayo Aderinokun Hall.

In her address, Ogunsola congratulated the newly elected leaders, commending their role in reviving unionism after its suspension in 2016. She urged them to embrace responsible leadership and view their positions as a call to service.

The Vice-Chancellor recalled that the suspension of the union followed violent protests that disrupted academic activities and led to property damage, expressing confidence that the new leadership would prioritise discipline, dialogue, and constructive engagement.

Describing the development as a critical step toward restoring union structures, the Dean of Students’ Affairs, Johnson Agunsoye, said the inauguration marks the beginning of a phased process that will culminate in a fully constituted Students’ Union Executive Council and Students’ Parliament in the 2026/2027 academic session.

Agunsoye disclosed that the university management has approved a ₦5 million take-off grant, provision of temporary office space, and refurbishment of an 18-seater bus to support the union’s activities.

Also speaking, the Divisional Police Officer of Sabo Police Station, Comfort Alabi, advised the student leaders to promote peace, uphold discipline, and steer clear of social vices.

On behalf of the executives, Students’ Union President, Bolaji Akinpelu, described the development as “a new beginning,” unveiling the “Renaissance Administration” as a symbol of purposeful and responsive student leadership.

The ceremony featured the administration of the oath of office by Risqiat Usman, followed by the presentation of the Staff of Office to the Students’ Union President.

The newly inaugurated executives include Vice-President Apalomo Sunday, General Secretary Solomon Daniel, and ICE President Oreoluwa Abraham, alongside chairpersons representing various halls of residence.

LASG Unveils Plans for 2026 Fanti Carnival

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LASG Unveils Plans for 2026 Fanti Carnival

The Lagos State Ministry of Tourism, Arts and Culture has announced that the 2026 edition of the Lagos Fanti Carnival will hold on April 6, as part of efforts to promote cultural heritage and tourism in the state.

Speaking at a press conference, the Commissioner for Tourism, Arts and Culture, Toke Benson-Awoyinka, described the carnival as one of Lagos’ most iconic cultural events, reflecting the city’s rich Afro-Brazilian heritage and historical ties with returnees from Brazil.

She explained that beyond entertainment, the carnival represents a living expression of identity, resilience, and community, showcased through colourful costumes, music, dance, and theatrical performances.

The event is scheduled to take place at Tafawa Balewa Square, which will be transformed into a vibrant cultural hub for residents, tourists, and culture enthusiasts from across Nigeria and beyond.

According to Benson-Awoyinka, the carnival plays a significant role in promoting cultural tourism, supporting local businesses, and reinforcing Lagos’ reputation as a leading arts and culture destination in Africa.

She added that deliberate efforts are being made to preserve cultural heritage while making it more appealing to younger generations.

Also speaking, the General Manager of National Theatre Nigeria, Tola Akerele, described the carnival as a vital platform for preserving cultural identity and promoting national unity.

Akerele noted that the festival highlights Nigeria’s history and the legacy of Afro-Brazilian returnees, while helping younger generations connect with their roots.

She added that such events foster unity and community spirit through music, performances, costumes, and storytelling.

On her part, the Project Director of the carnival, Bolaji Animashaun, outlined activities for the 2026 edition, including vibrant cultural displays, music, dance, and exhibitions showcasing the Afro-Brazilian roots of the Fanti community.

Meanwhile, the President of the Brazilian Descendants in Lagos, Kola Perigue, represented by Secretary Remi Dacosta, emphasised the importance of preserving the cultural legacy of Afro-Brazilian returnees in Lagos.

Perigue expressed optimism that the 2026 edition would further strengthen cultural appreciation and attract wider participation both locally and internationally.

IGP DISU DECORATES NEWLY PROMOTED AIG OGUNLOWO

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IGP DISU DECORATES NEWLY PROMOTED AIG OGUNLOWO

The Inspector-General of Police, Olatunji Rilwan Disu, has decorated Assistant Inspector-General of Police, AIG Olanrewaju Peter Ogunlowo, PhD, following his recent promotion.

The elevation recognizes AIG Ogunlowo’s professionalism, dedication, and unwavering commitment to the principles of the Nigeria Police Force.

The Ogun State Police Command described the promotion as a testament to his integrity, courage, and excellence, highlighting his remarkable achievements and expressing confidence in his continued impact and exemplary service in his new role.

LSSTF CEO COMMENDS IGP DISU ON WELFARE DRIVE, POLICE REFORMS

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LSSTF CEO COMMENDS IGP DISU ON WELFARE DRIVE, POLICE REFORMS

The Executive Secretary and CEO of the Lagos State Security Trust Fund, LSSTF, Dr. Ayodele Ogunsan, has praised the leadership, welfare initiatives, and reform agenda of the Inspector-General of Police, Olatunji Rilwan Disu.

Speaking at during a courtesy visit to the Force Headquarters in Abuja, Dr. Ogunsan described IGP Disu’s appointment as a defining moment for policing in Nigeria, noting that “the name Disu is synonymous with excellence, discipline, and high standards in policing.”

He said the IGP’s leadership brings years of sterling service and commendable personal qualities to national security management.

Ogunsan particularly commended Disu’s people-focused approach, highlighting the recent disbursement of NGN 2.4 billion in cheques to families of fallen officers as a significant boost to morale within the Force.

He also praised the prompt promotion of 84 senior officers, including 13 new Assistant Inspectors-General and 17 Commissioners of Police, describing the reforms as bold, forward-looking, and essential for professionalism, accountability, and public trust.

Reaffirming LSSTF’s commitment to supporting modern policing infrastructure and community-based security initiatives, Ogunsan pledged continued partnership with the Nigeria Police Force.

In response, IGP Disu expressed appreciation for the visit and Lagos State’s consistent support, reiterating his commitment to prioritizing personnel welfare, deepening institutional reforms, strengthening discipline, and enhancing safety and security across Nigeria.

SANUSI ASSUMES DUTY AS 35TH FCT COMMISSIONER OF POLICE

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SANUSI ASSUMES DUTY AS 35TH FCT COMMISSIONER OF POLICE

Commissioner of Police, Ahmed Muhammed Sanusi has assumed office at the Federal Capital Territory, FCT Police Command, as the new Commissioner.

The FCT Police Command, in a statement by the Police Public Relations Officer, SP Josephine Adeh, on Monday, said Sanusi officially assumed duty as the 35th Commissioner of Police on March 24, 2026.

He succeeds CP Miller G. Dantawaye, who has been elevated to the rank of Assistant Inspector-General of Police and redeployed to another strategic assignment by the Inspector-General of Police, Olatunji Rilwan Disu.

CP Sanusi is described as a seasoned officer with decades of service and extensive professional experience. Born on May 20, 1972, he hails from Lokoja Local Government Area of Kogi State.

He joined the Nigeria Police Force as a Cadet Assistant Superintendent of Police in May 2000 and began his career in the Niger State Police Command after completing his training in 2001.

Prior to his new appointment, he served as Commander of the Nigeria Police Force Intelligence Response Team (IRT).

Upon assuming office, Sanusi pledged to strengthen existing security frameworks and improve community-police relations across the FCT.

The Police Command called on residents to continue supporting its efforts in maintaining peace, law, and order within the territory.

WORLD WATER DAY: OWORAC WARNS WATER PRIVATISATION THREATENS WOMEN, GIRLS

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WORLD WATER DAY: OWORAC WARNS WATER PRIVATISATION THREATENS WOMEN, GIRLS

The Our Water, Our Rights Africa Coalition, OWORAC, has warned that water privatisation poses a significant threat to women and girls across Africa, as the world marks the 2026 World Water Day.

In a statement to commemorate the global event themed “Water and Gender,” the coalition stressed the urgent need to address gender inequality in communities facing severe water shortages.

OWORAC, a network of civil society organisations, local communities, and trade unions, maintained that all forms of water privatisation and corporate control undermine the realisation of water as a fundamental human right, particularly on the African continent.

Speaking on behalf of the coalition, Fatou Diouf of the Senegalese Water Justice Network identified gender inequality and corporate interests as major drivers of the global water crisis.

She noted that women and girls are disproportionately affected when governments hand over public water systems to private operators, adding that privatisation often prioritises profit over equitable access.

According to her, such arrangements not only commodify water but also deepen existing social and economic inequalities, reinforcing the need for publicly funded and democratically managed water systems.

The coalition highlighted that billions of people worldwide still lack access to safe water, with women and girls bearing the heaviest burden. It revealed that in sub-Saharan Africa, they spend an estimated 200 million hours daily collecting water, time that could otherwise be used for education, work, or personal safety.

Quoting UNICEF Director of Water, Sanitation and Hygiene, Cecilia Sharp, the statement noted that every step a girl takes to fetch water limits her opportunities for learning, recreation, and safety.

OWORAC also expressed concern over reports that the Zimbabwean government is considering scrapping the Zimbabwe Gender Commission, warning that such a move could weaken institutional protections for women’s rights.

The coalition said the development is particularly troubling amid plans to introduce water privatisation schemes in the country, raising fears about the protection of vulnerable groups.

It further criticised the growing influence of private water corporations, noting that evidence from various regions shows that privatisation often leads to higher tariffs, poor labour conditions, and weak accountability in water governance.

OWORAC also faulted the inclusion of AquaFed, an international lobby group representing major private water companies, in the World Water Day 2026 Task Force, describing the move as inappropriate.

The coalition called on African governments to reject water privatisation and so-called public-private partnerships, urging increased public investment in water infrastructure and services.

It also emphasised the need for transparency, inclusive decision-making, and stronger public participation, particularly ensuring that women are actively involved in water governance.

OWORAC stressed that protecting access to water as a basic human right is essential to promoting gender equality, improving livelihoods, and achieving sustainable development across the continent.

Assistant Executive Director of Corporate Accountability and Public Participation Africa, Zikora Ibeh, described the theme as timely, noting that access to water extends beyond infrastructure to issues of power, equity, and social justice.

Ibeh explained that women and girls bear the heaviest burden of water shortages, often traveling long distances and spending hours daily to fetch water for household use.

She said the situation is structural rather than accidental, attributing it to weak public water systems and insufficient investment in the sector. She cited a community in Ondo State where women and girls spend up to four hours traveling by water to access basic supplies, an ordeal that disrupts education and exposes them to safety risks.

The CAPPA official also pointed to the paradox in Lagos, noting that despite being surrounded by water, many residents still struggle with access due to declining public systems and increasing commercialization of water services.

Eligible Customers Can Access N100m Mortgage as FirstBank, MOFI Roll Out Housing Scheme

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FirstBank Opens New Path to Affordable Homeownership with MREIF Loan

Eligible customers can now access mortgage loans of up to N100 million under a new housing finance initiative introduced by First Bank of Nigeria in partnership with Ministry of Finance Incorporated, MOFI.

The Mortgage Refinance and Equity Investment Fund (MREIF) is designed to address Nigeria’s housing deficit by providing affordable homeownership opportunities, particularly for low- and middle-income earners.

Under the scheme, beneficiaries can secure loans with a repayment period of up to 20 years at an interest rate of 9.75 per cent per annum, significantly lower than conventional lending rates that often exceed 27 per cent.

The facility is available to salary account holders, business owners, and Nigerians in the diaspora, enabling them to own homes in any of the 36 states of the federation, including the Federal Capital Territory.

Stakeholders say the initiative reflects a strategic effort to ease access to housing finance, reduce the burden of long-term rent payments, and improve living standards for Nigerians.

The partners added that the programme is structured to simplify the homeownership process while offering flexible repayment options to suit different income levels.

Prospective applicants are advised to visit FirstBank’s official website to obtain more information and commence the application process.