Business
‘It’s disgraceful that 27 out of 36 states can’t afford to pay workers’ salaries’ – Pres. Buhari
President Muhammadu Buhari says the inability of 27 state governments to pay monthly salaries of their workers is disgraceful to Nigeria.
President Buhari stated this in Abuja on Wednesday while addressing staff of the Presidential Villa.
He expressed dismay that in spite of the initial bailout funds given to some states, workers in those states were yet to receive their salaries.
“The matter that may shock you is that 27 out of the 36 states couldn’t pay salaries.
“This is a disgrace to Nigeria; it’s a disgrace. Up till now some of the states cannot pay salaries.
“What happened to all that we have been getting all this time? We looked left, right, centre, up and down and said; any savings?
“There was nothing, because we developed a consumption that we were not supposed to develop.’’
Buhari, therefore, advised state governments to diversify their revenue sources to strengthen their financial positions.
He pledged that his administration’s ongoing war against corruption would be sustained to rid the country of the debilitating effects of the wanton looting of public funds.
“I have never in my life – from class monitor to here for the second time in different form – believed in corruption.
“With what we are doing, if we made any mistake along the line of compromising our integrity, the country would have been further dragged back by blackmail and other things.
“We’ll not touch anybody that did not touch public funds.
“If you behave yourself, you may not have houses in Abuja or in Europe or in America, but you will sleep soundly.
“Your children and families will enjoy respect.’’
The President reiterated the determination of his administration to stop all forms of fraud in the country.
He said security agencies had been alerted to apprehend persons engaged in currency racketeering in the country.
“For those, who have plenty of naira and use bankers and others to stamp papers and buy the dollars and take them outside, we will have to do something else, because we are alerting all security agencies.
“All fraud must be stopped. If they want to believe us is to see those we have caught red-handed, taking public funds.
“This exercise will continue as long as this leadership is here.
“Whoever takes anything that does not belong to him and is not entitled to him and he is caught, he will be documented and taken before the court.’’
He assured that he would continue to lead the country with patriotic zeal, integrity, dedication and commitment to improving the living conditions of ordinary Nigerians.
Buhari thanked the State House staffers for their services to the nation and urged them to remain patriotic and to eschew corruption in the discharge of their duties.
“I’m asking you to re-dedicate yourself to your country.
“As I said thirty years ago, we have no other country than Nigeria; we are determined to rehabilitate the country for coming generations.
“The process of change is not easy, but with your dedication, we can deal successfully with the issues that currently confront us,’’ he said.
In his remarks, the Permanent Secretary, State House, Malam Jalal Arabi, thanked the president for his concern and support to the staff of the presidency.
He stated that the State House staff will remain loyal to the Buhari-led administration in its desire to transform the country. (NAN)
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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