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Uju Kennedy Ohanenye: conscientious public servant deserves commendation, not trial By Victory Oghene

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Uju Kennedy Ohanenye: conscientious public servant deserves commendation, not trial By Victory Oghene

Uju Kennedy Ohanenye: conscientious public servant deserves commendation, not trial

By Victory Oghene

The shark- infested and mine-lined Nigerian politics has often proved to be graveyards of men and women of conscience.
The examples are legion from professor Tam David West to Tai Solarin to Dr.Olu Onagoruwa. The trial and tribulation of the former Minister of Women Affairs , Uju Kennedy Ohanenye is the latest in the long line of public figures who have given an unblemished account of themselves but finding themselves being on trial, a classic case of irony.

Highlighting Ohaneye’s unprecedented pedigree is no longer news much of it is in public domain.

Sources at the ministry of women affairs told NATIONAL WAVES that “the sum of N350 million was approved for her for travels. She travelled with only two aides which is rare among ministers or high ranking public servants. In spite of that she only spent N21 million, returning the balance to Wale Edun, the minister of finance and sought for approval to enable her use it to empower women.”

It was gathered that the sum of
IN70million was earmarked for her by the office of the Vice President to travel to Bahamas, but in a manner so unlike some other high ranking government officials, she wrote to the Deputy Chief of Staff that her presence was not needed in that trip. Thirdly, she was said to have raised the sum of N550million through private donation for the empowerment of women shortly before she was relieved of her job. ‘She refunded the money to the donors when she was relieved of her job”, a ministry source familiar with the matter disclosed to this medium.

She was said to have also specifically returned N100million to Authur Eze. She also refunded donations from Tony Elumelu’s UBA and others.

Professor Adeagbo Moritiwon a political scientist told this medium that “her removal was not due to lack of performance or competence but more to do with politics prevailing over every other consideration. Her case is just like Ade Ojo.”

So why did the EFCC go after such a minister who has displayed exemplary conduct in office.
The mere fact that the former minister did not run away but honorably honoured the EFCC invitation testifies to no hidden agenda.

Operatives of the Economic and Financial Crimes Commission were said to have quizzed her over alleged links to the misappropriation, violation of procurement processes, and diversion of public funds amounting to ₦138million.

Another source at the ministry said ” invitation does not mean guilt. If the EFCC had cause to raise an issue, then there is no crime in that. Inviting her to clarify matters is a routine thing. At the end of the day those who know her can bet on it that she will come out unscathed.”

The funds in question were allegedly misappropriated during the disbursement of the 2023 budgeted allocation for the ministry.

While clarifying her visit to the anti-graft agency via her x handle,
Ohanenye said that she was invited and as a law abiding citizen, honoured the invite of the anti graft agency.

“As a former public servant, I acknowledge that inquiries regarding past official activities are a standard part of ensuring accountability. In this spirit, I willingly honored the invitation from the Economic and Financial Crimes Commission (EFCC) on March 6, 2025, concerning allegations of a 138 million Naira diversion.

“I arrived at the EFCC headquarters at 2:15 PM, and the substantive discussions commenced at 2:50 PM. During this time, I provided comprehensive clarifications regarding my actions and expenditures throughout my tenure as the Minister of Women Affairs.I rounded up by 6:50pm and left thereafter

“I commend the EFCC for their professionalism and hospitality, and I appreciate the opportunity to address the matters that have recently been circulating in the media.

“I extend my sincere gratitude to President Asiwaju Bola Ahmed Tinubu for the privilege of serving my country and positively impacting the lives of many. I also express my appreciation to First Lady Senator Oluremi Tinubu for her steadfast support of myself and Nigerian women.

“I remain fully committed to cooperating with the EFCC and will be available for any further inquiries. It is the duty of every government official to be transparent and accountable for their time in office.

“During my tenure, my team and I executed our duties diligently, utilizing available resources effectively, and even supplementing with personal funds, demonstrating our dedication to the success of the Renewed Hope Agenda for Nigerian women and children.

“I assure that the facts and information will ultimately demonstrate the integrity of my actions”

While she held forte as Woman Affairs Minister, Ohanenye recorded a rare feat as regards her performance s

She explicitly understood that public service is for adding value to society.

Ohanenye profoundly had an in-depth perception of the purpose of government particularly Chapter II of the 1999 Constitution of the Federal Republic of Nigeria (as amended) which outlines the ‘Fundamental Objectives and Directive Principles of State Policy’ despite the fact the chapter as presently provided is not justiciable. Section 14 (2) supra provides thus; “It is hereby, accordingly, declared that; (b) the security and welfare of the people shall be the primary purpose of government”.

It would be recalled that Ohanenye was among five ministers relieved of their duties following the 19th Federal Executive Council meeting held at the State House in October 2024.

In her place, President Bola Tinubu reappointed the former Minister of State for Police Affairs, Imaan Suleiman-Ibrahim, as the new Minister of Women Affairs.

Oghene a renowned Journalist writes from Lagos

Uju Kennedy Ohanenye: conscientious public servant deserves commendation, not trial
By Victory Oghene

Business

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

 

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

 

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

 

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

 

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

 

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

 

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Alpha Morgan to Host 19th Economic Review Webinar

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Alpha Morgan to Host 19th Economic Review Webinar

 

In an economy shaped by constant shifts, the edge often belongs to those with the right information.

 

 

On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.

 

 

The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.

 

 

With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.

 

 

Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19

It is a bi-monthly platform that is open to the public and is held virtually.

 

 

Visit www.alphamorganbank to know more.

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GTBank Launches Quick Airtime Loan at 2.95%

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GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

GTBank Launches Quick Airtime Loan at 2.95%

 

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.

 

In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.

For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.

Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”

Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.

With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank

Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.

About HabariPay

HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:

GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com

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