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Senate Committee Commends Tinubu on Launch of National Halal Economy Strategy to Tap $7.7trn Global Market

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*Senate Committee Commends Tinubu on Launch of National Halal Economy Strategy to Tap $7.7trn Global Market

 

The Senate Committee on Finance has commended President Bola Ahmed Tinubu for launching Nigeria’s National Halal Economy Strategy, describing it as a bold and strategic move to position the country within the lucrative global halal market, estimated at $7.7 trillion.

In a statement signed by its Chairman, Senator Sani Musa, the committee praised the initiative as timely and aligned with international best practices. Several countries—including the United Kingdom, Canada, Australia, Malaysia, Indonesia, Saudi Arabia, the United Arab Emirates, Turkey, Brazil, Thailand, and Singapore—have successfully used halal frameworks to boost manufacturing, agricultural exports, financial markets, and foreign investment.

The committee highlighted Nigeria’s strong advantages for success in this space, including its vast agricultural resources, large domestic market, youthful population, growing manufacturing sector, and expanding services industry.

It noted that the strategy fits seamlessly into the Tinubu administration’s broader economic reforms, such as boosting non-oil revenue, diversifying exports, creating jobs, supporting small and medium enterprises (SMEs), and increasing foreign exchange earnings.
President Tinubu, represented by Vice President Kashim Shettima, officially unveiled the strategy on Thursday, February 6, 2026, at the Presidential Villa in Abuja.

The framework, developed in collaboration with Saudi Arabia’s Halal Products Development Company (HPDC) following a bilateral agreement signed in February 2025 at the Makkah Halal Forum, aims to enhance quality standards, certification processes, and competitiveness across sectors like food, pharmaceuticals, cosmetics, tourism, and ethical finance.

The committee described the strategy as inclusive, market-driven, and globally oriented, while fully respecting Nigeria’s diverse and pluralistic society.

It is projected to contribute significantly to the economy, with estimates suggesting it could add around $1.5 billion to Nigeria’s GDP by 2027 and unlock billions more in domestic value over the coming decade through expanded exports and investment.

Senator Musa pledged full legislative support, oversight, and cooperation to ensure smooth implementation, regulatory clarity, and long-term fiscal sustainability in the national interest.

“This decisive step reinforces Nigeria’s readiness to adopt proven international models, unlock new economic frontiers, and establish itself as a competitive player in the evolving global economy,” the statement concluded.

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Digital Colonialism or Market Reality? Nigerian Media Demand Urgent Government Action on Global Tech Giants

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Digital Colonialism or Market Reality? Nigerian Media Demand Urgent Government Action on Global Tech Giants

By George Omagbemi Sylvester

 

“Local publishers warn that unchecked dominance by foreign platforms threatens the survival of independent journalism and the nation’s control over its information ecosystem.”

 

Nigeria’s major media advocacy organisations have called on the Presidency and the National Assembly to urgently intervene in the country’s digital information space, warning that the dominance of global technology platforms could erode national sovereignty over public discourse and push local journalism toward collapse.

 

The appeal, made in Abuja in early February 2026, represents one of the most direct and coordinated demands yet from Nigerian media stakeholders for government action against what they describe as “foreign digital control” of the country’s information ecosystem.

Digital Colonialism or Market Reality? Nigerian Media Demand Urgent Government Action on Global Tech Giants

By George Omagbemi Sylvester

According to reports from the capital, the groups argued that powerful global technology companies (primarily American-owned digital platforms) now control the channels through which most Nigerians access news, advertising and public information.

 

Their warning is stark: without urgent policy intervention, Nigeria risks surrendering both its media economy and its democratic information space to corporations that operate beyond the country’s regulatory reach.

 

What happened

The coalition of media-centred organisations issued a public call for government action, urging the Presidency and lawmakers to address what they described as the growing dominance of foreign digital platforms in Nigeria’s information environment.

 

They warned that the country could lose effective control over its public discourse if local media institutions continue to weaken while global technology companies expand their influence.

 

The intervention was framed as both an economic and national-interest concern, with the groups stressing that local publishers are increasingly dependent on platforms such as Google, Facebook and other global tech firms for audience reach and advertising revenue.

 

Where and when

The call was made in Abuja, Nigeria’s federal capital, and reported publicly in early February 2026, following consultations among major media stakeholders.

 

Who is involved

The report identified a coalition of leading Nigerian media-centred organisations, though it did not list all participating groups in the initial dispatch.

 

However, across Nigeria’s media landscape, key organisations that have repeatedly raised similar concerns in recent years include:

Nigerian Guild of Editors (NGE)

 

Newspaper Proprietors’ Association of Nigeria (NPAN)

 

Broadcasting Organisations of Nigeria (BON)

 

Socio-Economic Rights and Accountability Project (SERAP) in digital-rights contexts

 

For example, the Nigerian Guild of Editors has previously warned that financial pressures threaten the survival of news organisations, stressing that without viable media, democracy itself is weakened.

 

Why it happened

At the core of the dispute is the transformation of the global media economy. Over the last decade, advertising revenue (once the financial backbone of newspapers and broadcasters) has migrated to digital platforms.

 

These platforms now act as the primary gateways through which audiences discover news content. Yet, according to publishers, the bulk of the advertising income generated around that content flows to the platforms rather than the news organisations that produce it.

 

Competition inquiries in other countries illustrate the scale of the shift. In South Africa, for instance, estimates suggest that internet giants captured up to 60 percent of local advertising revenue over a decade, severely weakening traditional newsrooms.

Similarly, studies have found that platforms control over user data gives them a decisive advantage in targeted advertising, further undermining publishers’ revenue streams.

 

This structural imbalance, Nigerian media groups argue, is now playing out in their own country and also threatening the financial sustainability of journalism.

 

How the dominance works

The influence of global platforms operates through several mechanisms:

Algorithmic control:

Search engines and social media algorithms determine which news stories audiences see, often prioritising larger international outlets or sensational content over local reporting.

 

Advertising concentration:

Platforms collect vast amounts of user data, allowing them to dominate digital advertising markets and attract revenue that once funded newsrooms.

 

Traffic dependence:

Many local publishers now rely heavily on social media and search platforms for website traffic. Changes in platform policies can instantly reduce readership and income.

 

These dynamics, media stakeholders say, create a dependency cycle in which local journalism produces content that drives engagement on global platforms, but receives little financial return.

 

The Nigerian context

Nigeria, Africa’s most populous country, has one of the continent’s largest digital audiences. Social media platforms are deeply embedded in everyday communication, commerce and politics.

 

Facebook alone is used by tens of millions of Nigerians, and for many small businesses and independent publishers it serves as a primary distribution channel.

 

This dominance has already triggered regulatory tensions. In 2024, Nigeria’s competition authorities imposed a $220 million fine on Meta over alleged anti-competitive practices and data-privacy violations.

 

The dispute escalated to the point where the company warned it might withdraw services rather than comply, highlighting the power imbalance between national regulators and global tech corporations.

 

Global precedents

Nigeria’s media groups are not alone in raising such concerns. Around the world, governments and publishers have taken steps to rebalance the relationship between news organisations and digital platforms.

 

Australia, Canada and parts of Europe have introduced laws requiring platforms to negotiate payments with publishers. South Africa’s competition authorities have also recommended financial compensation from platforms to local media houses.

 

These global developments have emboldened Nigerian media stakeholders to push for similar policies.

 

Voices from the field

Media leaders and scholars have long warned about the consequences of an economically weakened press.

Eze Anaba, President of the Nigerian Guild of Editors, recently noted that if media organisations cannot sustain their operations, the consequences extend beyond journalism itself.

He warned: “If the media cannot keep journalists employed, it cannot inform citizens and without an informed citizenry, democracy is weakened.”

International policy experts echo similar concerns. Emily Bell, director of the Tow Center for Digital Journalism at Columbia University, has argued that platforms have fundamentally reshaped the news economy, often without assuming the responsibilities traditionally borne by publishers.

 

She observed:

“The platforms have taken a significant share of advertising and attention while investing little in the production of journalism itself.”

 

Likewise, media economist Robert Picard has repeatedly warned that the collapse of advertising revenue threatens the viability of independent journalism worldwide.

 

“Without sustainable funding, news organisations cannot perform their essential democratic functions,” he wrote in his research on media economics.

 

What the media groups want

Although the full details of their proposals are still emerging, the Nigerian coalition is believed to be seeking:

Regulatory measures to ensure fair competition between local media and global platforms

 

Financial arrangements or compensation models for news content

 

Stronger enforcement of data-protection and competition laws

 

Policies that support the sustainability of local journalism

 

Their appeal to the Presidency and the National Assembly signals a push for legislative or regulatory intervention rather than voluntary agreements with tech companies.

 

The stakes for Nigeria

The outcome of this dispute could shape the future of Nigeria’s information ecosystem.

If local media continue to lose revenue and influence, the country risks:

Shrinking newsrooms and reduced investigative reporting

 

Greater dependence on foreign-owned information platforms

 

Increased vulnerability to misinformation and algorithmic bias

 

Weakening of democratic accountability

 

Conversely, heavy-handed regulation could also trigger unintended consequences, including service withdrawals, reduced investment or restrictions on digital innovation.

 

The broader struggle for digital sovereignty

Across Africa, governments and regulators are grappling with the challenge of asserting digital sovereignty while maintaining open internet ecosystems.

Competition authorities in several African countries have begun coordinating efforts to address the power of dominant digital platforms and ensure fair market conditions.

 

The Nigerian media groups’ appeal therefore reflects not just a domestic concern, but a continental and global struggle over who controls the digital public square.

 

The road ahead

For now, the ball lies with Nigeria’s political leadership. Whether the government chooses to pursue regulation, negotiation, or a hybrid approach will determine the trajectory of the country’s media sector.

 

What is clear, however, is that the traditional economic model of journalism has already been disrupted. The debate is no longer about whether global tech platforms wield enormous influence, but about how nations like Nigeria can adapt their laws and institutions to ensure that independent journalism survives in the digital age.

 

As the Abuja coalition warned, the issue is not merely commercial. It is existential—touching on the survival of local media, the integrity of public discourse and the future of democratic accountability in Africa’s most populous nation.

 

Digital Colonialism or Market Reality? Nigerian Media Demand Urgent Government Action on Global Tech Giants

By George Omagbemi Sylvester

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Nigeria Customs Service will continue to combat illicit trade – Comptroller Tin-Can Command

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Nigeria Customs Service will continue to combat illicit trade – Comptroller Tin-Can Command

By Ifeoma Ikem

 

Mr Frank Onyeka, the Area Controller of the Tin Can Island Port command, Nigeria Customs Service (NCS) says the service will continue to combat illicit and enforce compliance to protect public health and national security.

Onyeka who disclosed this to Newsmen on Friday in Lagos reassured the general public that the command will not relent in its resolve to protect Nigerians.

He said that as part of the ongoing crackdown on the importation of unwholesome products, NCS Tin Can Island Port Command has recorded another achievement in anti-smuggling drives.

He noted that some containers were confiscated during the anti-smuggling drives.

“We intercepted two units of containers with no. PONU031958/6 and MSKU711656/0, which were found to contain expired Tramadol tablets.

Nigeria Customs Service will continue to combat illicit trade – Comptroller Tin-Can Command

By Ifeoma Ikem

“These consignments were thoroughly examined and the result revealed that the first container contained 86 cartons of Vingil Tramadol BP 50mg, while the second container had 250 cartons of the same expired Tramadol product.

“The third container, with number MSKU413519/1 contained 370 cartons of expired Diclofenac Sodium BP 50mg tablets without a valid NAFDAC registration number, making the consignment illegal and dangerous for public use.”

This achievement came barely three days the command set a new benchmark in revenue generation, recording N1.61 trillion in 2025, exceeding its annual target.

“We have continued to record notable achievements in recent times through intensified cargo examination, improved intelligence gathering, and sustained enforcement operations.

“We remain proactive in intercepting prohibited and falsely declared goods, including controlled pharmaceuticals, arms and ammunition, narcotics, and other items capable of undermining public safety and economic stability.

Onyeka, however, noted that the command will equally continue to facilitate legitimate trade and contribute significantly to revenue generation, in line with the core mandate of the Nigeria Customs Service.

He stressed that the achievements of the command was as results of deliberate strategies anchored on discipline, integrity, and strong inter-agency collaboration.

“I wish to specially appreciate the operatives of NAFDAC for their consistent cooperation.

“Our synergy has continued to yield positive results, particularly in ensuring that fake, substandard, and expired drugs are intercepted before reaching the Nigerian populace.

“I also commend the officers and men of the Command for their resilience and commitment to duty, their efforts have continued to strengthen the credibility and operational effectiveness of the command.

“Furthermore, I express our sincere appreciation to the Comptroller-General of Customs Bashir Adewale Adeniyl for his purposeful leadership and strategic reforms, which have empowered our operations.

Mr Kareem Taiwo Adekunle , Chief Regulatory Officer Investigation and Inspection Directorate NAFDAC, while receiving the
expired drugs described the collaboration as a strategic partnership in safeguarding public health.

He noted that NAFDAC would redouble its efforts in combating the smuggling of counterfeit and fake pharmaceuticals.

 

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Obidients Calls For Protest; Condemns Senate’s Rejection of Electronic Electoral Results

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Obidients Calls For Protest; Condemns Senate’s Rejection of Electronic Electoral Results

By George Omagbemi Sylvester | Published by SaharaWeeklyNG 

“Obidient Movement plans march to national assembly over senate’s rejection of real-time result transmission.”

 

The Obidient Movement has faulted the senate over its decision to reject mandatory real-time electronic transmission of election results in the recent amendment of the Electoral Act.

In a statement issued on Friday, Yunusa Tanko, national coordinator of the movement, described the decision to retain provisions for manual collation as a direct attack on Nigeria’s democratic process and an effort to entrench secrecy in elections.

 

Tanko said the senate’s action was a calculated move that could pave the way for manipulation of the 2027 general elections.

 

He referenced the controversies that trailed the 2023 general election, particularly the failure to upload polling unit results to the Independent National Electoral Commission portal due to what was described as a technical glitch, arguing that the latest position of the senate was aimed at preserving the same weaknesses that eroded public trust in the process.

 

According to the statement, rejecting mandatory real-time transmission amounted to electoral sabotage, as it weakens confidence in the system and sustains the structures that enabled widespread manipulation during the last general election.

 

Tanko also accused the ruling All Progressives Congress, which controls the majority in the national assembly, of applying double standards, noting that the party depends on electronic systems for its internal primaries while denying Nigerians the same level of transparency during national elections.

Obidients Calls For Protest; Condemns Senate’s Rejection of Electronic Electoral Results
By George Omagbemi Sylvester

He announced plans for a peaceful mass protest at the national assembly, calling on lawmakers in both chambers to convene an emergency session and pass a law making real-time transmission of polling unit results to the IReV portal compulsory and non-negotiable.

 

The national coordinator said details and the date of the planned march would be communicated through the official channels of the movement.

 

He further urged Nigerians within the country and in the diaspora, civil society groups, and the international community to stand against what he described as a dangerous slide backwards in democratic standards.

Obidients Calls For Protest; Condemns Senate’s Rejection of Electronic Electoral Results
By George Omagbemi Sylvester

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