Business
Utsev: Appraising the Renewed Hope Change Catalyst
*Utsev: Appraising the Renewed Hope Change Catalyst*
By Adeniyi Adeleke
Professor Joseph Terlumun Utsev, the Honourable Minister of Water Resources and Sanitation, has brought a renewed sense of hope and transformation to the ministry. With his wealth of experience and expertise, Utsev is tackling the nation’s water challenges head-on, prioritising sustainable access to safe and sufficient water for all Nigerians. Under his visionary leadership, the Ministry is undergoing a significant transformation driven by innovative strategies and collaborative efforts.
Utsev’s mandate is clear: to develop and implement policies, projects, and programs that ensure sustainable access to safe and sufficient water for all Nigerians. This includes harnessing both surface and underground water resources to drive socio-economic development. To achieve this, Utsev will rely on innovative strategies and collaborative efforts, as seen in the River Basin Strategy for Poverty Alleviation (RB-SPA).
The RB-SPA plan has already yielded impressive results, promoting inclusive growth, improving market access, and driving grassroots mobilization in River Basin Areas. This approach aligns with President Ahmed Tinubu’s 8-Point Agenda and the Renewed Hope Mandate of the Ministry, which prioritizes food security and poverty eradication.
Utsev’s unwavering determination and commitment to transforming the twelve River Basins into viable purposes and result-oriented organs of his ministry has led to efficient service delivery, capacity building, and the implementation of various comprehensive reforms. One such ambitious and dynamic reform undertaken by Prof. Joseph is in the area of the Water for Expanded Irrigated Agricultural Programme (WEIRPRO). This innovative programme has enhanced the expansion of irrigation as well as boosted crop production with increased yields and support for livelihoods.
A pragmatic and altruistic leader, Utsev has also changed the narrative in the utilization of the River Basin systems. Through the Partnership for Expanded Irrigation Programme (PEIRPRO), the Ministry has made giant strides and peculiar inroads into the utilization of efficient technologies and cross-sectorial collaboration for sustainable national development.
All these programmes have not only changed the narratives but are clear paradigm shifts in water resources management, which targets the optimization of the utilization of the River Basins to benefit from their full potential.
Another pivotal hallmark achievement is in the area of the Clean Nigeria Campaign which seeks to eliminate open defecation across the nation. Working in collaboration with sister agencies, Utsev declared a state of emergency on open defecation. Today there is steady, consistent and positively laudable progress in achieving the 2025 target.
In a concerted and demonstrable effort towards ensuring that Nigeria becomes a prosperous country, and considering the positive impact of the sugar sector on the creation of jobs, and the national economy, with its added value in sugar sufficiency, Utsev, diligently collaborated with the National Sugar Development Council to ensure the provision of sustainable water to sugarcane farms and factories in the country, thereby giving assurance for a steady production of the commodity.
Today, the collaboration has achieved excellent rewards as major water dams and water reservoirs have been designated to ensure unhindered supply to sugarcane farms, thereby having the combined advantages of mitigating perennial flooding as well as enhancing the blue economy.
Conscious about the yearly menace and devastating effect of flooding, especially in Makurdi, Benue State, as a result of the proximity of settlers along the bank of the River Benue, and to mitigate it, Prof. Joseph initiated the construction of a Dam at Dura in Benue State, to control the overflow of water from River Katsina-Ala. Consequently, this year, contrary to various expectations and predictions, there has been a tremendous decline in the incidence of flooding in Benue State.
His visionary and pragmatic leadership has heralded outstanding breakthrough initiatives in addressing the complexities of the water challenges of the country. He has effectively addressed the debilitating problem of flooding across the country using his rich expertise and innovative initiatives which combine collaboration, foresight and foreknowledge.
His deliberate development of internationally sustainable water infrastructures and innovative technologies has heralded a system of sustainable access to clean water all year round in all parts of the country. His frequent embarks tours, visitation to project sites, interaction with stakeholders, and inspections and enforcement of projects’ timely delivery and within budget have eliminated the incidences of variations, wastages and delays in project completion accounting for the numerous projects commissioned within his tenure, as well as enhancing a system of hands-on approach which ensures transparency, accountability, and fosters a culture of excellence within the Ministry.
Professor Utsev within his short stay in office has commissioned several water projects. These projects include two hundred thousand litres corrugated surface steel water tank serviced borehole, powered by the hybrid solar inverter to supply water to seven hundred households in Dutsen Dodo Birnin-Kudu, Jigawa State, one hundred and thirty-five kilowatts capacity solar panels installed at Birnin-Kudu water works as replacement for the diesel-powered generators for both the intake and booster pumps that ensure sustainable operations of the treatment plant and distribution of safe drinking water. Also, a water bottling factory meant to provide potable water on a commercial basis for citizens of Kano in line with the partial commercialization arrangement of the Federal Government. This project has also provided jobs for youths with a projected annual turnover of over three hundred million naira.
Other projects commissioned by Professor Utsev include Kabba Bunnu, Lessel in Ushongo and Rafin Yashin Multipurpose Dam all these are to ensure the provision of water for the citizens and irrigation for farming.
His selfless dedication and exemplary service have led to a workforce that is determined to see to the success of the mandate of the ministry.
A highly educated and skilled professional, Prof. Utsev has demonstrated equanimity, resilience and the highest level of expertise in the discharge of his duties, thereby justifying the confidence of President Bola Ahmed Tinubu’s appointment, as he achieves remarkable hallmark milestone within a very short period. He has effectively used his capacity, competence and capability to reposition the country’s water resources and sanitation sector to an enviable, result-oriented revenue generating institution. Surely, this is his turn to turn around the Ministry of Water Resources and Sanitation.
Adeleke wrote this piece from Bodija, Ibadan.
Business
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.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
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.
Business
GTBank Launches Quick Airtime Loan at 2.95%
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
-
celebrity radar - gossips6 months agoWhy Babangida’s Hilltop Home Became Nigeria’s Political “Mecca”
-
society6 months agoPower is a Loan, Not a Possession: The Sacred Duty of Planting People
-
society5 months agoReligion: Africa’s Oldest Weapon of Enslavement and the Forgotten Truth
-
news6 months agoTHE APPOINTMENT OF WASIU AYINDE BY THE FEDERAL GOVERNMENT AS AN AMBASSADOR SOUNDS EMBARRASSING


