Business
Arrest my children if they have any link with Boko Haram – Borno State Governor, Shettima
The Borno State Governor has charged security operatives to arrest anyone linked to Boko Haram even if they are his children.
Governor Kashim Shettima stated this in a seven-minute video broadcast late on Thursday.
Mr. Shettima’s state is the most affected by the Boko Haram insurgency which has caused the death of about 20,000 people.
Some public officials in Borno including a local government chairman have since been arrested by the military for alleged links to the terror group.
Despite losing a large chunk of their former base in Sambisa forest to Nigerian forces, Boko Haram still carry out attacks on military and civilian targets.
In his broadcast, Mr. Shettima expressed condolence to families of the victims and pledged continued support to security agencies and local vigilante.
Read Mr. Shettima’s full speech below.
My dear brothers and sisters, the people of Borno State,
In recent days and weeks, we have come under renewed attacks which horribly remind us, that our security challenges are still longing.
It is regrettable that this upsurge in cowardly suicide attacks came not long after the patriotic military forces of this country recaptured Sambisa Forest which used to be the operational zone of the Boko Haram terrorists.
It was from Sambisa that these mass murderers used to train, prepare and launch bold attacks on our communities.
Our gallant military and other security agencies have now denied them the use of their former high command.
However, we must remind ourselves that the recapture of Sambisa Forest and the flushing out of the terrorists from most of their former enclaves does not mean that our struggle is over. Instead, the terrorists have resorted in their usual cowardly fashion, to stepping up attacks on soft targets.
Cowardly and vile attacks such as these on schools, places of worship, markets and other soft targets are signs of the terrorists’ weakness and of their desperation to tell their terror co-travellers around the world, that they are not yet finished.
In this criminal endeavour, they resort to the use of teenagers and children as young as seven years.
More recently, they even strap babies on the back of their recruits in order to slip through our security dragnets.
They also use hard drugs on these innocent children who do not know what they are doing when they kill their own parents, relations, and fellow countrymen and women. Many precious lives have been lost, hundreds of citizens including school girls were abducted; many more people have suffered serious injuries as a result of these senseless acts of bloodthirsty enemies of peace.
I once again extend my deepest condolence to the families of all those who have lost loved ones or suffered injuries due to these cowardly attacks.
We pray to Almighty God for the repose of the souls of those who lost their lives and for the quick recovery of those who suffered injuries.
In the midst of our pain in these trying times, we must acknowledge the support of international and local humanitarian agencies, development partners and credible NGOs for standing by the good people of Borno State through thick and thin.
Even though we are all saddened by episodes of attacks, as your Governor, I assure you that I serve with a constant reminder that the number one basis of Government is the protection of innocent lives and property.
I know the weight of my duties and the oath I took before you and God.
With your mandate, I have the privilege of first hand security reports and I can share with you, that for every vile attack that the terrorists were able to carry out on innocent lives, many more were stopped by our gallant security agencies, our Civilian JTF, vigilantes and hunters.
As we know, the intention of terrorists is to demoralise us, make us to live in fear and prevent us from going about our normal lives and worshipping our God in ways that differ from their ungodly violence.
We will not allow them succeed in their wish to make us live in the permanent slavery of fear.
Infact, they have failed in their mission because together, we have said no to them.
And in saying NO, we must not let them cause us any more harm.
The Government of Borno State will continue to provide the necessary support to our gallant military and security agencies and volunteers in their patriotic effort to restore peace and security in our ancestral land.
We will continue to take preventive measures by working with community leaders across ethnic and religious divides in all our 27 local government areas to increase community policing. We all have roles to play.
I know that majority of you, the good people of Borno State, have remained sincerely committed to fighting this insurgency. I have met parents who exposed their insurgent biological children and handed them over to security forces to face justice.
I know that insurgents and their allies, often hide their identity so well that good citizens may innocently associate with them. But the bold patriotism of parents who turn in their children has always strengthened our resolve.
This is why I strongly say to security agencies, that anyone factually suspected of despicable links with the Boko Haram and other criminals should face justice even if that person happens to be one of my three biological children.
Support for insurgents is a crime against humanity. I have met parents who encouraged their children to join the Civilian JTF and risk their lives to fight insurgents. I have even met parents who remained contended and proud even after their sons died fighting under the Civilian JTF. I have seen elderly men and young girls organize themselves to join the fight as vigilantes and the Civilian JTF.
I know the sacrifices many citizens have made and it is because of your devotion that I am urging all the people of Borno State to rise up as one and increase our community vigilance, especially around soft targets.
We must remobilise ourselves and step up vigilance and community policing around all our population and community centres like mosques, churches, markets, schools, hospitals, shopping complexes, football fields, social gatherings and motor parks.
We must watch out for strange and suspicious faces, not for the purpose of taking the law into our hands but for reporting these suspicious persons to the nearest security agents for prompt action.
I urge you, the good people of Borno State, not to despair but to rise as one and stand up to this murderous gasp of a dying insurgency.
I believe God is with the non-violent.
May He crown our efforts with the quick rescue of all our citizens still in captivity and May He grant us enduring peace and prosperity!
God bless you!
FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan
For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream.
But that narrative is quietly changing. Thanks to FirstBank.
The N1 Trillion Intervention Reshaping Access
In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.
Backed by the Federal Government’s N1trillion mortgage fund, the initiative is designed to empower Nigerians with affordable, long-term credit to own their homes.
9.75% Interest Rate in a 30% Lending Environment
MREIF is priced at 9.75% per annum, dramatically lower than prevailing commercial loan rates. Eligible Nigerians can access up to N100 million and repay within 20 years. This translates into significantly more manageable monthly repayments and greater long-term financial stability.
Built for Salary Earners, Entrepreneurs and the Diaspora
The MREIF mortgage facility has been structured to be inclusive. It is available to salary account holders, business owners and diaspora customers. Whether you are a young professional aiming to exit the rent cycle, an entrepreneur building generational stability, or you’re a Nigerian abroad looking to secure assets locally, the product opens a pathway that has historically been out of reach for many.
Taking the First Step
For those who have been waiting for the right time, this is definitely it. The question is no longer whether homeownership is possible. The real question is: will you act before the window narrows?
Visit https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ and in no time you could be the latest homeowner in town.
Alpha Morgan Bank Deepens Presence in Abuja with New Branch in Utako
Marking another milestone in its expansion drive, Alpha Morgan Bank has opened a new branch in Utako, Abuja, reinforcing its strategy of building closer institutional ties within key business communities and bringing its financial expertise closer to individuals, and enterprises driving the city’s growth.
The new branch, located at Plot 1121 Obafemi Awolowo Way, Utako, Abuja is strategically positioned to serve individuals, entrepreneurs, and corporate clients within Utako and surrounding districts.
The expansion follows the Bank’s recently concluded Economic Review Webinar held in February 2026, as the bank continues to position as a thought-leader in the financial services industry.
Speaking on the opening, Ade Buraimo, Managing Director of Alpha Morgan Bank, said the move underscores the Bank’s commitment to accessibility and service excellence.
“Proximity matters in banking. As communities grow and commercial activity expands, financial institutions also evolve to meet customers where they are. The Utako Branch allows us to deliver our services to people in that community efficiently while maintaining the high standards our customers expect,”
The Utako location will provide a full suite of retail and corporate banking services, including account opening, deposits, transfers, business banking solutions, and financial advisory support.
Customers and members of the public are invited to visit the new Utako Branch to experience the Bank’s approach to satisfying banking.
Dangote Refinery Prioritises Domestic Supply Amid Global Energy Turbulence
By George Omagbemi Sylvester | Published by SaharaWeeklyNG
“Nigeria insulated from international fuel shocks as Dangote Petroleum commits to uninterrupted local delivery.”
Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to prioritising the domestic market, pledging to shield Nigerians from the ripple effects of ongoing global energy disruptions. The assurance, delivered in Lagos on 5 March 2026, comes as international refinery operations experience shutdowns or reduced output due to escalating Middle East geopolitical tensions, which have sent crude oil and petroleum product prices soaring worldwide.
“Our mandate remains clear: Nigeria’s local market takes precedence. In times of global supply shocks, we will continue to ensure that domestic availability of petrol, diesel, and kerosene is uninterrupted,” said Mr. Folorunsho Alakija, spokesperson for Dangote Petroleum Refinery.
The refinery’s declaration arrives amid mounting concerns over fuel scarcity, triggered by export restrictions imposed by major international producers, including China, and shipping delays that have further tightened global petroleum supply chains. Industry analysts have hailed the domestic focus as a critical buffer against volatility that could otherwise push Nigeria into deeper energy insecurity.
Domestic Shield Against Global Disruption
Dangote Refinery, Africa’s largest oil processing facility, has leveraged its multi-million-barrel refining capacity to mitigate Nigeria’s historical dependence on imported petroleum products. The company emphasised that prioritising local supply provides a strategic advantage in insulating the nation from international market shocks.
“Our refinery’s scale allows Nigeria to withstand short-term external disruptions. We have the infrastructure and capacity to meet local demand even when global supply chains falter,” explained Mr. Chijioke Okonkwo, Operations Director at Dangote Refinery.
The proactive approach is particularly significant as several international refineries have either reduced throughput or temporarily halted operations, causing a global scarcity of refined products. Experts warn that without domestic cushioning, fuel prices in Nigeria could have surged sharply, exacerbating inflationary pressures in a fragile economy.
Managing Costs While Prioritising Supply
In response to rising procurement costs for crude oil amid the international crisis, Dangote Refinery introduced a modest ₦100 per litre increase in the ex-depot price of Premium Motor Spirit (PMS), absorbing roughly 20 percent of the cost escalation to lessen the impact on consumers.
“We are balancing operational sustainability with affordability. While global prices have risen sharply, we have chosen to absorb a significant portion to protect Nigerian households and businesses,” noted Mr. Emmanuel Adeyemi, Chief Finance Officer.
This pricing strategy underscores the refinery’s dual focus: ensuring uninterrupted supply while cushioning the public from abrupt spikes that could destabilize economic activity. Industry observers have lauded the approach as pragmatic, considering the volatility in international oil markets.
Strategic Distribution Initiatives
Beyond refining, Dangote Petroleum has initiated Compressed Natural Gas (CNG) powered trucks to enhance nationwide distribution efficiency. The initiative seeks to reduce logistics costs and carbon emissions while ensuring a more reliable delivery network to petrol stations across urban and rural areas.
“Logistics is a critical part of the energy supply chain. By deploying CNG-powered trucks, we reduce dependency on expensive diesel, lower delivery costs, and improve supply reliability across the country,” explained Ms. Funke Adedoyin, Head of Logistics Operations.
This strategic move reflects a broader commitment to modernising Nigeria’s petroleum distribution infrastructure, reducing bottlenecks that have historically contributed to scarcity at retail outlets.
Implications for National Energy Security
Nigeria has historically struggled with fuel imports to meet domestic demand, making the country vulnerable to international market fluctuations. Dangote Refinery’s prioritisation of local supply mitigates this vulnerability by leveraging home-grown refining capacity, which allows for timely access to petroleum products and less reliance on foreign shipments.
“With Dangote Refinery leading local prioritisation, Nigeria is less exposed to global fuel shocks. The country is moving towards self-reliance in petroleum product supply,” commented Dr. Halima Suleiman, energy sector analyst.
Experts note that sustained operations at the refinery not only enhance energy security but also preserve foreign exchange, reduce import bills, and stabilise domestic market prices.
Corporate Social Responsibility and Market Stability
The refinery’s commitment is part of a broader corporate responsibility framework. Dangote Petroleum continues to engage with government agencies and regulatory bodies, ensuring that domestic supply is coordinated with Nigeria’s Petroleum Product Pricing and Regulatory Agency (PPPRA) to prevent panic buying and market distortions.
“We are in constant consultation with the government to ensure that our supply strategies align with national economic priorities,” said Mr. Alakija.
Such collaboration helps avert artificial shortages, stabilises pump prices, and maintains confidence in the domestic fuel market. Analysts argue that this approach exemplifies how private sector capabilities can complement governmental policies to enhance national resilience.
Navigating Global Uncertainties
The refinery operates in a complex global environment, where geopolitical crises, shipping constraints, and crude oil volatility can trigger disruptions. Dangote Petroleum’s domestic-first approach positions Nigeria to weather such crises more effectively.
“Global uncertainties are unavoidable, but our infrastructure and strategy ensure that Nigerians remain insulated from immediate shocks,” said Mr. Okonkwo.
This emphasis on resilience aligns with global best practices, where national refining capacity is leveraged to protect local markets from international supply disruptions.
Stakeholder Reactions
The government, civil society, and industry stakeholders have welcomed Dangote Petroleum’s strategy. Officials from the Federal Ministry of Petroleum Resources noted that prioritising local supply aligns with Nigeria’s energy security policies and reduces the burden of foreign exchange expenditures on crude imports.
“Dangote Refinery is demonstrating leadership. Its domestic prioritisation ensures that the Nigerian economy remains insulated during turbulent global markets,” said Dr. Tunji Olumide, Special Adviser on Energy.
Consumers have also expressed cautious optimism. Retail operators and commuters reported steadier fuel availability in Lagos and other cities, though concerns remain about sustained pricing and distribution efficiency.
The Road Ahead
While Dangote Refinery’s strategy provides immediate relief, experts argue that long-term stability requires further investments in alternative energy, diversified refining infrastructure, and strategic reserves. This ensures that Nigeria can withstand global shocks without relying excessively on imports or temporary supply adjustments.
“Short-term measures like prioritising local supply are critical, but long-term energy security demands diversification, renewables adoption, and consistent policy implementation,” said Dr. Suleiman.
The refinery is exploring additional initiatives, including expanding storage capacity, upgrading pipeline networks, and adopting technology-driven monitoring systems to ensure supply continuity across the country.
Final Take
By prioritising domestic fuel supply amid global market turbulence, Dangote Petroleum Refinery and Petrochemicals has demonstrated its role as a stabilising force in Nigeria’s energy sector. Through strategic logistics, modest pricing adjustments, and engagement with government regulators, the refinery is insulating the nation from international shocks while maintaining operational sustainability.
“Our responsibility extends beyond profitability; it’s about ensuring Nigerians have reliable access to essential fuel. We take that mandate seriously,” concluded Mr. Adeyemi.
The refinery’s actions offer a blueprint for how large-scale domestic capacity can protect national economies in times of global energy instability, underscoring the critical intersection of private sector resilience, public policy, and national energy security.
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