[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f14uxbx7ph2q1p":3,"$f1haha5ahsyuls":47,"$f3g2vfgazl5es6":92,"$f9gu6o9jcsxdi":144,"$fypnoo9icpuw1":1852,"$f5btqexddoxme":1945},{"status_code":4,"message":5,"data":6},200,"List of Posts retrieve successfully",{"id":7,"createdAt":8,"updatedAt":9,"title":10,"excerpt":11,"content":12,"slug":13,"topic":14,"tags":20,"image":34,"author":35,"feed":36,"views":43,"type":44,"readTime":45,"externalSourceUrl":46},"3fe388a2-8219-4686-a697-3518eaf97f43","2026-10-11T03:20:00.380Z","2026-10-11T04:01:00.000Z","Citing Policy Reforms, Stronger External Buffers, Fitch Revises Nigeria’s Outlook to Positive, Affirms ‘B’ Rating","*Oyedele: Outlook further validates FG’s difficult but necessary reforms Ndubuisi Francis in Abuja Citing the federal government’s ongoing policy reforms and its increased confidence that the current momentum will not","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>*\u003Cstrong>Oyedele: Outlook further validates FG&#8217;s difficult but necessary reforms\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Ndubuisi Francis in Abuja\u003C\u002Fp>\n\n\n\n\u003Cp>Citing the federal government&#8217;s ongoing policy reforms and its increased confidence that the current momentum will not be disrupted by the general election due in early 2027, Fitch Ratings has revised the outlook for Nigeria&#8217;s Long-Term Issuer Default Ratings (IDRs) from Stable to Positive, affirming the rating at &#8216;B&#8217;.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>The global ratings agency released its latest stance on the country at the weekend, underscoring key drivers behind its revision of Nigeria&#8217;s Outlook, including expected policy continuity; stronger external buffers; a restrictive monetary stance; reduced inflation; and higher oil production and refining capacity.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Reacting to Fitch&#8217;s positive outlook, the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, reaffirmed the federal government&#8217;s resolve to sustain reform momentum and a disciplined, market-reflective, and transparent foreign exchange regime.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>According to Fitch, the Outlook revision reflected ongoing reform of Nigeria&#8217;s policy framework and its increased confidence that the momentum will not be disrupted by upcoming elections.\u003Cbr>It affirmed that the monetary and exchange rate reforms had supported greater naira flexibility, disinflation and faster-than-expected FX reserve accumulation, while improved reserve quality enhances resilience to shocks.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Fitch stressed that the continued reform implementation was strengthening monetary policy transmission and should support further disinflation, although inflation will remain well above Nigeria&#8217;s peers.\u003Cbr>It said, &#8220;Nigeria&#8217;s ratings reflect its large economy, a relatively developed and liquid domestic debt market, large oil and gas reserves and an improved macroeconomic policy framework.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>&#8220;The rating is constrained by weak governance indicators, high hydrocarbon dependence, high inflation, security challenges and structurally low government revenue relative to peers.&#8221;\u003Cbr>On the expected policy continuity metric, Fitch said, &#8220;The incumbents are well positioned to win the early 2027 elections due to the ruling party&#8217;s control of the majority of Nigeria&#8217;s 36 states and a fragmented opposition.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>&#8220;As a result, we expect broad economic policy continuity, including in relation to reforms that have contributed to improved policy credibility, higher external liquidity and enhanced resilience to external shocks.\u003Cbr>&#8220;Risks to our baseline stem from significant policy slippage, including fiscal loosening, weaker capital inflows or major social instability.&#8221;\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>It also observed that gross FX reserves rose to $54.9 billion on September 25, 2026, from $32 billion in mid-April 2024, supported by increased formalisation of FX transactions, strong portfolio inflows and higher export receipts and remittances.\u003Cbr>&#8220;We forecast the current account surplus will widen to 6.4% of GDP in 2026, but we expect it to narrow in 2027 amid our expectation that global oil prices will fall to 70\u002Fbarrel from 87\u002Fbarrel in 2026,&#8221; Fitch said.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Providing more context, it pointed out that reserve quality had improved as the Central Bank of Nigeria (CBN) reduced its FX liabilities, with net FX reserves at $34.8 billion at the end of 2025 from about $4 billion at the end of 2023.\u003Cbr>&#8220;We expect the naira to trade broadly around the current level through end-2026, despite the prospect of lower oil prices in 2027-2028,&#8221; it stressed.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>On restrictive monetary stance and reduced inflation, Fitch viewed the CBN&#8217;s September policy adjustment as a calibrated easing consistent with improving policy transmission.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Fitch said it expected the CBN to remain cautious amid high food and fuel prices and external risks, while forecasting average annual inflation to moderate, due to naira stability and tight monetary policy, to 15.4 per cent in 2026, less than half the 2024 level, but well above the forecast &#8216;B&#8217; median of 5.6 per cent.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>On higher oil production and refining, Fitch noted that crude oil production, excluding condensates, rose 10 per cent quarter -on-quarter (Q-on-Q) in 2Q26 and has met Nigeria&#8217;s 1.5mbpd OPEC target since May 2026, averaging 1.52mbpd.\u003Cbr>&#8220;We expect production to remain around this level in the near term, supported by improved security and domestic investment, but below pre-pandemic levels.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>&#8220;Dangote refinery&#8217;s ramp-up and rehabilitation of other facilities leading to increased production of refined products has reduced refined oil imports and FX demand, but limited domestic crude supply will partly maintain reliance on imported crude, Fitch said.\u003Cbr>Overall, Fitch noted that Nigeria has a low World Bank Governance Indicators (WBGI) ranking at the 20th percentile, reflecting weak institutional capacity, uneven application of the rule of law and a high level of corruption.\u003Cbr>Despite Nigeria&#8217;s positive outlook, the ratings agency outlined downside risks or sensitivities that could individually or collectively lead to negative rating action\u002Fdowngrade.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>They include: A deterioration in the credibility and consistency of monetary and fiscal policymaking and FX management, resulting in renewed inflationary pressures and greater distortions in the FX market.\u003Cbr>It also cited renewed external liquidity stress arising, for example, due to lower oil prices and more constrained external financing sources.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Fitch also cited sustained widening of the fiscal deficit, which significantly increases the debt\u002FGDP burden and weakens financing prospects.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cstrong>Oyedele: Outlook Further Validates FG&#8217;s Difficult But Necessary Reforms\u003C\u002Fstrong>\u003C\u002Fp>\n\n\n\n\u003Cp>Reacting to Fitch&#8217;s positive outlook, the Minister of Finance and Coordinating Minister of the Economy, Mr. Oyedele, reaffirmed the federal government’s determination to sustain its reform momentum and a disciplined, market-reflective, and transparent foreign exchange regime.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Oyedele said Fitch&#8217;s latest action followed positive rating actions by all three major international rating agencies on Nigeria in 2026, citing S&amp;P Global Ratings, which upgraded Nigeria to &#8216;B&#8217; from &#8216;B-&#8216; in May, and Moody&#8217;s Ratings, which revised its outlook to Positive in August.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>He noted that separately, FTSE Russell returned Nigeria to Frontier Market status with effect from September 21, 2026, adding that taken together, these decisions reflected a converging and increasingly favourable assessment of Nigeria&#8217;s reform trajectory.\u003Cbr>The minister explained that Fitch&#8217;s Positive Outlook further validated the difficult but necessary reforms implemented under the current administration, saying its medium-term ambition was to place Nigeria firmly on the path to investment grade.\u003C\u002Fp>\n\n\n\n\u003Cp>\u003Cbr>Oyedele assured that the administration would, among other things, focus on raising revenue through full implementation of the new tax laws and efficient tax 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Sector","gas-sector",[],{"id":75,"createdAt":76,"updatedAt":77,"name":78,"slug":79,"children":1730},[1731,1738,1744,1756,1768,1774,1780],{"id":1732,"createdAt":1733,"updatedAt":1734,"name":1735,"slug":1736,"children":1737},"0db0c16e-f319-472a-a981-8bab747b0ceb","2026-03-26T09:11:40.076Z","2026-05-22T22:17:30.000Z","Forex","forex",[],{"id":1739,"createdAt":1740,"updatedAt":1740,"name":1741,"slug":1742,"children":1743},"58e4d853-f7a9-4fb6-93c8-e998da2616df","2026-03-26T09:11:53.516Z","Crypto","crypto",[],{"id":1745,"createdAt":1746,"updatedAt":1746,"name":1747,"slug":1748,"children":1749},"597eebac-e2ec-467a-a924-7aa1a05b9aa6","2026-03-26T09:05:11.819Z","Finance","finance",[1750],{"id":1751,"createdAt":1752,"updatedAt":1752,"name":1753,"slug":1754,"children":1755},"0322edfd-6076-4899-bb22-066cd4f5f73d","2026-06-30T13:41:37.119Z","Banking","banking",[],{"id":1757,"createdAt":1758,"updatedAt":1758,"name":1759,"slug":1760,"children":1761},"c22e9a52-9b80-4ab8-9867-f51dfed5818b","2026-05-14T08:56:08.076Z","Trade & Commerce","trade-and-commerce",[1762],{"id":1763,"createdAt":1764,"updatedAt":1764,"name":1765,"slug":1766,"children":1767},"ba43bc02-9b8f-4fc8-9e90-4db01a97cbe7","2026-05-14T08:56:26.041Z","Import & Export","import-and-export",[],{"id":1769,"createdAt":1770,"updatedAt":1770,"name":1771,"slug":1772,"children":1773},"d19b3f92-bf4f-42fc-8115-d5e17ae6830e","2026-07-16T11:35:26.049Z","Civil Service","civil-service",[],{"id":1775,"createdAt":1776,"updatedAt":1776,"name":1777,"slug":1778,"children":1779},"ea4c412a-13c0-4258-8736-c7c42d0147ba","2026-07-14T10:59:08.769Z","Entrepreneur","entrepreneur",[],{"id":1781,"createdAt":1782,"updatedAt":1782,"name":1783,"slug":1784,"children":1785},"eea91b5f-142b-46f1-a99d-07557d24c824","2026-05-14T08:56:55.630Z","Economy","economy",[],{"id":1787,"createdAt":1788,"updatedAt":1789,"name":1790,"slug":1791,"children":1792},"fc53fd41-782d-4c59-8d9c-95416b4395a1","2026-03-26T09:15:14.420Z","2026-05-22T21:57:49.000Z","Crime","crime",[1793,1799,1806,1813,1819,1832,1839,1845],{"id":1794,"createdAt":1795,"updatedAt":1795,"name":1796,"slug":1797,"children":1798},"284988d3-5df0-4450-885b-c72339b3e569","2026-05-27T05:54:43.719Z","EFCC","efcc",[],{"id":1800,"createdAt":1801,"updatedAt":1802,"name":1803,"slug":1804,"children":1805},"4279312f-d771-43fe-87d9-94fb27c423cc","2026-03-30T20:26:16.361Z","2026-06-29T12:49:14.000Z","Kidnapping & Banditry","kidnapping-and-banditry",[],{"id":1807,"createdAt":1808,"updatedAt":1809,"name":1810,"slug":1811,"children":1812},"7d71a44e-8ad3-459b-87ca-44340608ba66","2026-05-12T09:17:22.828Z","2026-05-21T22:09:16.000Z","Police","police",[],{"id":1814,"createdAt":1815,"updatedAt":1815,"name":1816,"slug":1817,"children":1818},"a5e212ca-edf5-4131-b78e-332c32d9e0e1","2026-08-08T00:55:56.482Z","Money Laundering ","money-laundering",[],{"id":1820,"createdAt":1821,"updatedAt":1822,"name":1823,"slug":1824,"children":1825},"b3fbb57a-beaa-409f-b5db-290b46ea8a58","2026-03-26T09:15:35.953Z","2026-05-22T21:59:26.000Z","Insecurity","insecurity",[1826],{"id":1827,"createdAt":1828,"updatedAt":1828,"name":1829,"slug":1830,"children":1831},"8b58bdfc-7eda-4580-9df6-1c0e84676662","2026-08-07T08:26:58.233Z","Security Agencies","security-agencies",[],{"id":1833,"createdAt":1834,"updatedAt":1835,"name":1836,"slug":1837,"children":1838},"bb43406d-7167-428a-98a5-c9b0ae3d225b","2026-04-19T11:23:40.666Z","2026-05-22T22:00:49.000Z","Drug Trafficking","drug-trafficking",[],{"id":1840,"createdAt":1841,"updatedAt":1841,"name":1842,"slug":1843,"children":1844},"edc7ab5a-86a5-4a37-af73-bac317202614","2026-07-22T14:42:24.643Z","Human Trafficking ","human-trafficking",[],{"id":1846,"createdAt":1847,"updatedAt":1848,"name":1849,"slug":1850,"children":1851},"f4a769f7-1ac5-44b9-a955-0883b8ade1dc","2026-03-30T20:25:43.706Z","2026-05-22T22:01:21.000Z","Cyber Crime","cyber-crime",[],{"status_code":4,"message":35,"data":1853},[1854,1881,1906,1927],{"id":1855,"createdAt":1856,"updatedAt":1857,"title":1858,"excerpt":1859,"content":1860,"slug":1861,"topic":1862,"tags":1863,"image":35,"author":35,"feed":1871,"views":1878,"type":44,"readTime":1879,"externalSourceUrl":1880},"28c08805-7cba-43ff-9e65-bd4198ed56e2","2026-10-10T22:00:00.798Z","2026-10-11T05:31:49.000Z","2027: Rivers Action Alliance Backs Wike-Led Rainbow Coalition","The latest endorsement adds to the political developments surrounding the Rainbow Coalition as parties and their state leaderships declare their positions on the alliance and its candidates.\nThe post 2027: Rivers Action Alliance Backs Wike-Led Rainbow Coalition appeared first on Channels Television.","\u003Cp>&nbsp;\u003C\u002Fp>\u003Cp>&nbsp;\u003C\u002Fp>\u003Cp>\u003Cstrong> Less than a week after the Rivers State chapter of the Labour Party declared support for the Rainbow Coalition, the Action Alliance has also thrown its weight behind the political alliance led by the Minister of the Federal Capital Territory, Nyesom Wike.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>The Action Alliance says its decision is informed by the need to promote peace, unity and development in Rivers State, while pledging to work with the coalition and support its candidates across the state&rsquo;s 23 local government areas and wards.\u003C\u002Fp>\u003Cp>The party&rsquo;s State Chairman, Dumbari Nwigbarato, made the position known while announcing the party&rsquo;s endorsement in Port Harcourt, on behalf of himself and the State Executive Committee.\u003C\u002Fp>\u003Cp>Nwigbarato urged party supporters, political associates and residents to align with the Rainbow Coalition, expressing confidence that the alliance would contribute to the state&rsquo;s progress.\u003C\u002Fp>\u003Cp>&ldquo;We urge all our supporters, political associates and the good people of Rivers State to align with the Rainbow Coalition for the betterment of this state,&rdquo; he said.\u003C\u002Fp>\u003Cp>He also called on whoever emerges victorious in the political contest to support other candidates and carry them along, stressing the importance of unity and cooperation.\u003C\u002Fp>\u003Cp>&ldquo;We urge whoever emerges victorious to support and carry other candidates along in the spirit of truth, unity, love and progress of Rivers State,&rdquo; Nwigbarato said.\u003C\u002Fp>\u003Cp>Addressing concerns that the Rainbow Coalition represents Wike&rsquo;s personal political agenda and a quest for national power in Rivers State, the Action Alliance chairman said the party&rsquo;s decision was not based solely on the influence of one individual.\u003C\u002Fp>\u003Cp>He explained that the party was backing the coalition because of its own political structure across the state and the presence of its candidate within the alliance.\u003C\u002Fp>\u003Cp>&ldquo;We are not only throwing our support to the Rainbow Coalition just because of one person. We are supporting the Rainbow Coalition agenda because we also have our candidate in the Rainbow Coalition,&rdquo; he said.\u003C\u002Fp>\u003Cp>Nwigbarato further described the coalition as a platform for peace and unity in the state, which he said was important to all residents.\u003C\u002Fp>\u003Cp>&ldquo;The Rainbow Coalition is only a harbinger of peace and unity of our own dear state, which is precious to all of us,&rdquo; he added.\u003C\u002Fp>\u003Cp>The Action Alliance&rsquo;s declaration follows the Rivers State Labour Party&rsquo;s endorsement of the coalition on October 7. The Labour Party chairman, Fredrick Nwoje, had defended the political arrangement and criticised the opposition expressed by the APC Governors Forum.\u003C\u002Fp>\u003Cp>The latest endorsement adds to the political developments surrounding the Rainbow Coalition as parties and their state leaderships declare their positions on the alliance and its candidates.\u003C\u002Fp>\u003Cp>For the Action Alliance, Nwigbarato says the priority is to work with the coalition while promoting peace, unity and development across Rivers State.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002F2027-rivers-action-alliance-backs-wike-led-rainbow-coalition\u002F\">2027: Rivers Action Alliance Backs Wike-Led Rainbow Coalition\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\">Channels Television\u003C\u002Fa>.\u003C\u002Fp>\n","2027-rivers-action-alliance-backs-wike-led-rainbow-coalition",{"id":426,"createdAt":427,"updatedAt":428,"name":429,"slug":430},[1864,430,1865,1866,1867,1868,1869,1870],"2027","action","alliance","backs","wikeled","rainbow","coalition",{"id":1872,"createdAt":1873,"updatedAt":1874,"name":1875,"image":1876,"slug":1877},"ed016172-c891-43d9-9b19-f0ec12e59317","2026-03-25T11:56:29.230Z","2026-08-13T13:09:05.114Z","Channels TV","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fd580ea30-ea49-4b9d-80ff-addcbc015d05.jpg","channels-tv",13,3,"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002F2027-rivers-action-alliance-backs-wike-led-rainbow-coalition\u002F",{"id":1882,"createdAt":1883,"updatedAt":1884,"title":1885,"excerpt":1886,"content":1887,"slug":1888,"topic":1889,"tags":1890,"image":1897,"author":35,"feed":1898,"views":1878,"type":44,"readTime":43,"externalSourceUrl":1905},"c58ca5c1-d3e3-471a-9c31-04b341c294cd","2026-10-10T07:30:01.091Z","2026-10-11T02:08:27.000Z","Court orders APC to conduct fresh primaries in 10 Plateau wards","The Federal High Court in Jos, Plateau State, has ordered the All Progressives Congress (APC) to conduct fresh primary elections in 10 wards of the Jos South\u002FJos East Federal Constituency\nThe post Court orders APC to conduct fresh primaries in 10 Plateau wards appeared first on Premium Times Nigeria.","\u003Cimg width=\"680\" height=\"442\" src=\"https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F03\u002Fapc.jpg.webp?fit=680%2C442&amp;ssl=1\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"APC flag (CREDIT: Daily Trust)\" style=\"display: block; margin: auto; margin-bottom: 5px;max-width: 100%;\" link_thumbnail=\"\" decoding=\"async\" srcset=\"https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F03\u002Fapc.jpg.webp?w=680&amp;ssl=1 680w, https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F03\u002Fapc.jpg.webp?resize=526%2C342&amp;ssl=1 526w\" sizes=\"(max-width: 680px) 100vw, 680px\" \u002F>\u003Cp>The Federal High Court in Jos, Plateau State, has ordered the All Progressives Congress (APC) to conduct fresh primary elections in 10 wards of the Jos South\u002FJos East Federal Constituency\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.premiumtimesng.com\u002Fnews\u002Ftop-news\u002F915857-court-orders-apc-to-conduct-fresh-primaries-in-10-plateau-wards.html\">Court orders APC to conduct fresh primaries in 10 Plateau wards\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.premiumtimesng.com\">Premium Times Nigeria\u003C\u002Fa>.\u003C\u002Fp>\n","court-orders-apc-to-conduct-fresh-primaries-in-10-plateau-wards",{"id":393,"createdAt":394,"updatedAt":395,"name":396,"slug":397},[1891,1892,1495,1893,1894,1895,397,1896],"court","orders","conduct","fresh","primaries","wards","https:\u002F\u002Fi0.wp.com\u002Fmedia.premiumtimesng.com\u002Fwp-content\u002Ffiles\u002F2026\u002F03\u002Fapc.jpg.webp?fit=680%2C442&amp;ssl=1",{"id":1899,"createdAt":1900,"updatedAt":1901,"name":1902,"image":1903,"slug":1904},"82956691-2abe-4af9-a899-8e05365755d0","2026-03-25T11:53:52.744Z","2026-08-13T13:04:48.079Z","Premium TImes","https:\u002F\u002Fcdn.oneclickafrica.com\u002Ffeed\u002Fe87505b6-faaa-44e3-b31e-8a5481a8e8fd.webp","premium-times","https:\u002F\u002Fwww.premiumtimesng.com\u002Fnews\u002Ftop-news\u002F915857-court-orders-apc-to-conduct-fresh-primaries-in-10-plateau-wards.html",{"id":1907,"createdAt":1908,"updatedAt":1909,"title":1910,"excerpt":1911,"content":1912,"slug":1913,"topic":1914,"tags":1915,"image":1923,"author":35,"feed":1924,"views":1878,"type":44,"readTime":1925,"externalSourceUrl":1926},"c871b923-3979-41bc-a4d9-5eb46055f519","2026-10-10T12:20:00.517Z","2026-10-11T02:42:45.000Z","Group Calls for Evidence-based Assessment of Surveillance Contracts for Pipelines in Niger Delta","The Coalition of Civil Society Organisations for Good Governance (CCSOGG) has called for an evidence-based assessment of surveillance contracts for pipelines in the Niger Delta, as it called on stakeholders","\u003Cdiv style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" >\u003C\u002Fdiv>\n\u003Cp>The Coalition of Civil Society Organisations for Good Governance (CCSOGG) has called for an evidence-based assessment of surveillance contracts for pipelines in the Niger Delta, as it called on stakeholders to avoid claims that are not verified, which are capable of undermining critical national security operations.\u003Cbr>The coalition kicked against allegations surrounding the value and performance of\u003Cbr>the Pipeline Infrastructure Nigeria Limited (PINL) and its Project Director, Osahon Okunbo, as it relates to the company’s pipeline surveillance contract.\u003Cbr>A statement issued by the group&#8217;s spokesman, Comrade Declan Ihekaire, said legitimate questions about government contracts should be addressed through official documents and verifiable evidence rather than unsubstantiated claims.\u003Cbr>According to the coalition, it has followed with serious concern the renewed controversy surrounding pipeline surveillance contracts in the Niger Delta, particularly the allegations being circulated against Pipeline Infrastructure Nigeria Limited (PINL) and its Project Director, Mr. Osahon Okunbo.\u003Cbr>“We consider it necessary to speak at this time, not because legitimate questions about public contracts should be suppressed, but because public accountability must be based on facts, documents and verifiable evidence, not sensational allegations capable of damaging reputations, destabilising communities and undermining critical national security operations.\u003Cbr>“The Coalition therefore rejects, in its entirety, the attempt to portray PINL and Mr. Osahon Okunbo as beneficiaries of some fictitious ₦2.7 trillion personal pipeline surveillance arrangement.\u003Cbr>The group said further, “If there are questions about government expenditure, the appropriate response is for the relevant authorities to publish the contracts, payment schedules, scope of work and performance records and allow Nigerians to interrogate them. What is unacceptable is the circulation of figures without documentary evidence and the subsequent use of such figures to blackmail individuals&#8221;, the group said.\u003Cbr>“We are particularly concerned that a figure of ₦2.7 trillion has been publicly associated with PINL and Mr. Osahon Okunbo.” It said.\u003Cbr>“As at today, no credible documentary evidence has been publicly produced establishing that PINL receives ₦2.7 trillion annually for pipeline surveillance. Indeed, recent reports on the controversy have equally noted the absence of publicly presented contract or payment records supporting that allegation.\u003Cbr>“The Coalition is therefore demanding a simple standard:\u003Cbr>If the allegation is true, let the document be produced.\u003Cbr>If it is not true, those responsible for spreading it must have the courage and responsibility to correct the record&#8221;, it said.\u003Cbr>It is dangerous to casually attach such an enormous figure to a named individual, particularly when that individual is involved in a sensitive national security assignment. Such allegations can expose the person, his family, employees and communities associated with the operation to unnecessary hostility and security risks.\u003Cbr>“We have also examined available information surrounding the PINL arrangement and wish to make clear that the figure being bandied about in the public space should not be confused with the actual value of the contract attributed to PINL.\u003Cbr>“The Coalition&#8217;s understanding is that the PINL contract is in the region of ₦150 billion, and certainly not the ₦2.7 trillion figure being irresponsibly attributed to the company or its leadership. We challenge anyone who has documentary evidence to the contrary to publish it&#8221;, the coalition said.\u003Cbr>It further noted that “This distinction is important because a government contract is not automatically the personal income of the individuals managing the company. A contract value covers personnel, equipment, logistics, security operations, technology, subcontractors, community engagement and other operational obligations.\u003Cbr>&#8220;It is therefore intellectually dishonest to take a corporate contract figure, whatever it may be, and present it as money personally collected by an individual.”\u003Cbr>The coalition said available information suggested that the figure being circulated should not be confused with the actual value of the contract attributed to PINL, which it put at about N150 billion.\u003Cbr>It stressed, however, that contract values should not be equated with personal income, noting that such agreements typically cover personnel, equipment, logistics, security operations, technology, community engagement and other operational expenses.\u003Cbr>The group urged the federal government and relevant agencies to assess pipeline surveillance contractors based on measurable performance, including reduction in vandalism, protection of crude oil production, community relations, technology deployment and value for money.\u003Cbr>It said PINL is responsible for surveillance operations along the Eastern Corridor of the Trans Niger Pipeline, covering parts of Rivers, Bayelsa, Abia and Imo states.\u003Cbr>The coalition cited figures attributed to the company indicating a significant reduction in pipeline infractions and vandalism attempts compared with previous years.\u003Cbr>It also referred to reports by PINL that there had been no reported pipeline vandalism on sections of the Trans Niger Pipeline in Bayelsa and the wider corridor during a period under review, attributing the development to collaboration among the company, security agencies and host communities.\u003Cbr>The group said such claims should be independently assessed by relevant government authorities.\u003Cbr>It also highlighted the reported involvement of traditional rulers, youth leaders, women and other community stakeholders in pipeline surveillance activities.\u003Cbr>According to the coalition, PINL’s operations cover about 215 communities along the Eastern Corridor, while the company has also reported engaging thousands of youths in surveillance and related activities.\u003Cbr>The group said community participation was important to the protection of oil and gas infrastructure, particularly in areas characterised by difficult terrain and extensive waterways.\u003Cbr>The coalition also commended the reported deployment of technology in pipeline surveillance, including drones, surveillance stations, security vessels, mobile response units and round-the-clock monitoring.\u003Cbr>It said Nigeria needed to strengthen the use of technology and intelligence alongside conventional security arrangements to protect critical oil and gas infrastructure.\u003Cbr>The coalition further urged the federal government to conduct independent assessments of all contractors before deciding whether existing arrangements should be retained, reviewed or expanded.\u003C\u002Fp>\n","group-calls-for-evidence-based-assessment-of-surveillance-contracts-for-pipelines-in-niger-delta",{"id":361,"createdAt":362,"updatedAt":362,"name":363,"slug":364},[1916,1917,1918,1919,1920,1921,1922,485,370],"group","calls","evidencebased","assessment","surveillance","contracts","pipelines","https:\u002F\u002Fglobal.ariseplay.com\u002Famg\u002Fwww.thisdaylive.com\u002Fuploads\u002FPIC-179.jpeg",{"id":37,"createdAt":38,"updatedAt":39,"name":40,"image":41,"slug":42},5,"https:\u002F\u002Fwww.thisdaylive.com\u002F2026\u002F10\u002F10\u002Fgroup-calls-for-evidence-based-assessment-of-surveillance-contracts-for-pipelines-in-niger-delta\u002F",{"id":1928,"createdAt":1929,"updatedAt":1930,"title":1931,"excerpt":1932,"content":1933,"slug":1934,"topic":1935,"tags":1936,"image":35,"author":35,"feed":1943,"views":1878,"type":44,"readTime":1879,"externalSourceUrl":1944},"ffb1a8b7-b0ce-48aa-ac3c-1f995e96e1bf","2026-10-10T07:40:01.385Z","2026-10-10T14:52:42.000Z","FG To Shut Owerri Airport For 25 Days Over Runway Repair","The rehabilitation will involve repairing deteriorated sections of the runway pavement, treating surface cracks, filling potholes, resurfacing affected areas, and extending the runway.\nThe post FG To Shut Owerri Airport For 25 Days Over Runway Repair appeared first on Channels Television.","\u003Cp>&nbsp;\u003C\u002Fp>\u003Cp>\u003Cstrong>The Federal Government has announced the temporary closure of the Sam Mbakwe International Cargo Airport, Owerri, Imo State, for 25 days to allow for runway rehabilitation and extension.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>A statement by the Minister of Aviation and Aerospace Development, Festus Keyamo, and the Federal Airports Authority of Nigeria (FAAN), on Friday, noted that the closure is scheduled to commence on October 20, 2026, ahead of the peak Christmas travel season.\u003C\u002Fp>\u003Cp>In a post on his X handle, the Minister explained that the decision followed an agreement among the Federal Government, the Imo State Government, and aviation stakeholders in the South-East.\u003C\u002Fp>\u003Cp>According to him, he had spoken with Governor Hope Uzodimma earlier in the day, adding that the planned works were necessary to ensure aviation safety and prepare the airport for increased passenger traffic during the festive period.\u003C\u002Fp>\u003Cp>The minister commended Uzodimma and the Imo State Government for their cooperation, describing the partnership as an effective collaboration to upgrade aviation infrastructure and stimulate regional economic growth.\u003C\u002Fp>\u003Cp>The rehabilitation will involve repairing deteriorated sections of the runway pavement, treating surface cracks, filling potholes, resurfacing affected areas, and extending the runway.\u003C\u002Fp>\u003Cp>He noted that the project, executed through the Federal Airports Authority of Nigeria in partnership with the Imo State Government, would restore the runway to a safer and more reliable condition.\u003C\u002Fp>\u003Cp>&ldquo;The rehabilitation will involve repairs to deteriorated sections of the runway pavement, treatment of extensive surface cracks, filling of potholes, and resurfacing of affected areas, alongside the planned runway extension.\u003C\u002Fp>\u003Cp>&ldquo;When completed, these works are expected to restore the runway to a safer and more reliable operational condition and improve its capacity to accommodate larger aircraft, subject to applicable operational and regulatory requirements.\u003C\u002Fp>\u003Cp>&ldquo;The timing of this intervention is particularly important as we approach the Christmas travel season, when passenger traffic and flight movements to Owerri traditionally increase.\u003C\u002Fp>\u003Cp>&ldquo;It is our responsibility to ensure that the necessary infrastructure is in the right condition to support safe and efficient operations during this busy period and beyond.\u003C\u002Fp>\u003Cp>The minister acknowledged that the temporary closure would inconvenience passengers and airport users but appealed for understanding, stressing that aviation safety remains non-negotiable.\u003C\u002Fp>\u003Cp>He assured that the Federal Government would continue to engage the Imo State Government, airlines, and other stakeholders to coordinate the project and minimize disruptions.\u003C\u002Fp>\u003Cp>Keyamo advised passengers scheduled to travel through the airport during the closure period to contact their respective airlines regarding flight rescheduling, cancellations, and alternative travel arrangements.\u003C\u002Fp>\u003Cp>He added that confirmed closure and reopening dates would be officially communicated through formal aviation channels.\u003C\u002Fp>\n\u003Cp>The post \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffg-to-shut-owerri-airport-for-25-days-over-runway-repair\u002F\">FG To Shut Owerri Airport For 25 Days Over Runway Repair\u003C\u002Fa> appeared first on \u003Ca href=\"https:\u002F\u002Fwww.channelstv.com\">Channels Television\u003C\u002Fa>.\u003C\u002Fp>\n","fg-to-shut-owerri-airport-for-25-days-over-runway-repair",{"id":400,"createdAt":401,"updatedAt":402,"name":403,"slug":404},[1937,1938,1939,1940,1941,1942],"shut","owerri","airport","days","runway","repair",{"id":1872,"createdAt":1873,"updatedAt":1874,"name":1875,"image":1876,"slug":1877},"https:\u002F\u002Fwww.channelstv.com\u002F2026\u002F10\u002F10\u002Ffg-to-shut-owerri-airport-for-25-days-over-runway-repair\u002F",{"status_code":4,"message":35,"data":1946},[1947,1948,1949,1950,1951,1952,1953,1954,1955,1956,1957,1958,1959,1960,1961,1962,1963,1964,1965,1966],"EUROMATCH NPFL: 3SC Seek First Point Away Ahead Of Kun Khalifat Clash","Family defends Rhodes-Vivour’s Yoruba, Lagos heritage with historical documents","2027: Enugu NRM candidate warns against political violence","SDP welcomes INEC listing of 13 Nasarawa Guber candidates","5 lessons from Bokku Mart that every Nigerian MSME should pay attention to","APC, INEC in showdown over party register as 2027 poll looms","Mtoto ni mtoto, asitazamwe kwa jinsi yake","Malnutrition: Nigerian governors to establish national nutrition intervention fund","Rochas Okorocha refutes report of arrest order against him","What Pastor Adeboye told me when I met him — Sowore","Maritime students urge NIMASA to ease certification rules","Lagos-Calabar Highway: Group petitions Tinubu, NASS","Ballon d’Or 2026: 5 Stars Who Could Win Football’s Biggest Individual Award","Tinubu will deliver more prosperity if re-elected — First Lady","NBBF’s unending crisis, by Patrick Omorodion","2027: We’ll match APC ‘fire for fire’, says NDC, inaugurates campaign council October 20","Police rescue suspected transformer vandal from mob in Jigawa","1 in 6 Nigerian youths faces mental health challenge, experts warn","INEC omits four parties from Bauchi 2027 governorship list","Riyadh airport attack leaves 12 dead, 309 injured – Saudi Arabia"]