Category: International News

  • CRUDE OIL THEFT: NN Seizes Over 100,000 Litres of Stolen Crude Oil, Dismantles Illegal Refinery Sites in Operation Delta Sanity II

    CRUDE OIL THEFT: NN Seizes Over 100,000 Litres of Stolen Crude Oil, Dismantles Illegal Refinery Sites in Operation Delta Sanity II

    The Nigerian Navy has recorded significant successes in its fight against crude oil theft under Operation Delta Sanity II, with multiple arrests and seizures carried out in January 2025 across Rivers, Ondo, Akwa Ibom, Bayelsa, and Delta states.

    In a statement signed by Commodore A. Adams-Aliu, Director of Information, the Navy reported the discovery and deactivation of numerous illegal refinery sites, the seizure of over 100,000 litres of stolen crude oil, and the arrest of several suspects involved in oil-related crimes.

    On January 6, a wooden and a fibre boat carrying about 2,000 litres of stolen crude oil were seized in Krakrama, Rivers State. The following day, nine illegal refinery sites were dismantled in Ilaje, Ondo State, where 20,000 litres of stolen crude oil were recovered along with 1,400 litres of illegally refined Automated Gas Oil (AGO). On January 10, a medium-sized boat transporting illegally refined Premium Motor Spirit (PMS) was intercepted in Akwa Ibom, leading to the arrest of five suspects.

    In a major security operation on January 11, a militant camp in Opu-Okumbiri, Bayelsa State, was raided, resulting in the arrest of two suspected kidnappers. Weapons, including an AK-56 rifle, five pump-action guns, and 68 rounds of ammunition, were recovered from the camp. On January 12, security forces discovered a vandalized crude oil pipeline at Akaso well 14 and 17, is where 20,000 litres of stolen crude oil were seized.

    On January 19, a 30-meter wooden boat carrying 40,000 litres of stolen crude oil was intercepted in Ilaje, Ondo State. Further operations on January 27 in Rivers State led to the deactivation of **six vandalized wellheads, 110 ovens, 45 reservoirs**, and the recovery of **31,000 litres of stolen crude oil** and **15,000 litres of illegally refined AGO**.

    The Chief of the Naval Staff, Vice Admiral Emmanuel Ikechukwu Ogalla, reaffirmed the Navy’s determination to eliminate crude oil theft and other maritime crimes. He emphasized that these operations are crucial to ensuring national economic stability and security.

    The Nigerian Navy urged the public to remain vigilant and report any suspicious activities related to oil theft to security agencies.

  • COMMODORE PAUL PONFA NIMMYEL: Navy Ship BEECROFT Gets New Commander

    COMMODORE PAUL PONFA NIMMYEL: Navy Ship BEECROFT Gets New Commander


    The handing and taking-over ceremony of the command of Nigerian Navy Ship (NNS) BEECROFT between Commodore Rafiu Taye Oladejo and Commodore Paul Ponfa Nimmyel was held on Thursday, 6 February 2025, at NNS BEECROFT conference room following a send-forth parade held in honour of the out-going commander.

    According to the Base Information Officer, Lieutenant Hussaini Ibrahim “Commodore Paul Ponfa has become the 58th Commander NNS BEECROFT. He hails from Plateau State and is a member of 43 Regular Course of the Nigerian Defence Academy. Prior to his appointment as the Commander NNS BEECROFT, he was the Maritime Component Commander Operation Hadin Kai (OPHD) Headquarters, Maiduguri.

    He attended the following military courses: Sub-Lieutenant Technical Course, Officers’ Long Course, Junior Staff Course, Senior Staff Course and the National Defence College Course, Nigeria, among others.

    Commodore Nimmyel has obtained the following degrees: Bachelor of Science in Political Science and Defence Studies from the Nigerian Defence Academy Kaduna, a Master’s Degree in Strategic Studies from the University of Ibadan, a Master’s Degree in International Relations from Kofi Annan University, and he is currently undergoing a Ph.D. programme at the University of Ibadan.

    The Senior Officer has the following awards and decorations: Distinguished Service Star, Meritorious Service Star, Forces Service Star, Passed Staff Course, Joint Task Force (North-East) Medal, ECOMOG Medal, Multinational Joint Task Force Operations Medal, among others.

    The highlights of the ceremony included send-forth parade, singing of the Handing and Taking-over Note by both commanders and the Handing and Taking Over of the Command’s Flag.

  • CISLAC Raises Concerns Over Proposed ₦54.2 Trillion Adjusted Budget, Citing Constitutional and Legislative Breaches

    CISLAC Raises Concerns Over Proposed ₦54.2 Trillion Adjusted Budget, Citing Constitutional and Legislative Breaches

    The Civil Society Legislative Advocacy Centre (CISLAC) has expressed deep concerns over President Bola Tinubu’s proposal to increase the 2025 budget from ₦49.7 trillion to ₦54.2 trillion. While acknowledging reported additional revenues from key government agencies, CISLAC considers this move unprecedented and potentially unconstitutional.

    In a statement signed by Auwal Ibrahim Musa (Rafsanjani), Executive Director of CISLAC, the organization referenced Section 81(4) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), which stipulates that if the amount appropriated by the Appropriation Act is insufficient, or if additional expenditure is required, a supplementary estimate must be presented to the National Assembly. CISLAC argues that the current proposal bypasses this constitutional requirement, raising critical legal and procedural concerns.

    Rafsanjani, who also serves as the Head of Transparency International Nigeria, criticized the manner in which the budget increment was introduced. Instead of following due process with a supplementary appropriation bill, the executive merely informed the National Assembly through a letter. CISLAC warns that this deviation from established legislative procedures undermines the sanctity of the budgetary process and could set a dangerous precedent for future fiscal governance.

    “The cited additional revenues were not sudden; failing to account for them in the initial budget highlights poor fiscal foresight,” the statement reads. CISLAC further laments the absence of prior consultation with the leadership of the National Assembly before making such a substantial adjustment. This unilateral decision-making, it argues, weakens the constitutional principle of checks and balances and sidelines the legislature’s role in fiscal oversight.

    CISLAC also noted that this pattern of executive isolation is not new, citing the administration’s delay in ministerial nominations, which exceeded the constitutional timeline. Such actions, the organization asserts, erode democratic principles and hinder effective governance.

    The statement reads: “The proposed budget increase comes amid rising national debt and ballooning debt servicing costs. In 2025, Nigeria allocated ₦16.32 trillion for debt servicing, a drastic surge from ₦712 billion in 2014. CISLAC warns that many debt-financed projects, like the Kaduna-Abuja Highway, remain incomplete or abandoned.

    “As a more sustainable alternative, CISLAC recommends leveraging internally generated revenue to fund smaller, realistic projects that can be completed efficiently, thereby reducing the country’s reliance on loans and ensuring tangible benefits for citizens.”

    CISLAC also raised serious concerns over allocations made to non-existent or defunct government agencies, emphasizing that such allocations waste public funds and compromise the integrity of the budget process. The organization calls for rigorous scrutiny of all budgetary provisions to ensure they align with the country’s current priorities and governance structures.

    “The National Assembly holds a constitutional mandate to oversee and approve federal expenditures. CISLAC urges lawmakers to exercise their authority rigorously in this matter,” the statement reads. It also calls on the executive to prioritize transparency, respect constitutional provisions, and engage in meaningful consultations before making major fiscal decisions.

    “While CISLAC supports initiatives aimed at national development and economic growth, these efforts must be pursued within the framework of constitutional legality, fiscal responsibility, and inclusive governance,” the statement continues.

    Given the unprecedented nature of running two concurrent budgets, CISLAC strongly urges the executive to reconsider this approach and adhere strictly to constitutional procedures. The organization calls on the National Assembly to assert its responsibility in scrutinizing budgetary adjustments, ensuring that the principles of transparency, accountability, and democratic governance are upheld.

    CISLAC remains steadfast in its commitment to advocating for transparent, accountable, and participatory governance in Nigeria.

  • NPA Reviews Tariffs After 32 Years

    NPA Reviews Tariffs After 32 Years

    Compelled by the exigency of bringing Nigerian Ports up to speed with those of its peers in terms of infrastructure and equipment, the Nigerian Ports Authority (NPA) has secured necessary approvals for an upward review in its tariffs which was last reviewed in the year 1993.

    The 15% upward increase which is to cut across all NPA Rates and Dues is premised on the urgent need to address the undesirable reality of aged and weak infrastructure, obsolete equipment and slow Port capacity expansion which has continued to diminish the performance and indeed competitiveness of Nigerian Ports.

    Globally, Port Authorities depend on revenue from operations to stay alive to their responsibilities which include construction and maintenance of Port infrastructure, dredging of channels, provision of aids for safe navigation, provision of modern marine crafts for efficient harbour services, automation and digitisation of port transactions, port security, energy efficiency and training and retraining of its employees.

    The global index of Port rating and competitiveness which the international trade community relies on for its choice of countries to do business with, derives its data from how well the aforementioned responsibilities are addressed.

    Coming at this period of global economic upheaval and scramble for markets, this belated tariff review borne out of necessity constitutes a critical success factor in Nigeria’s quest to win back cargo handling business and it’s accompanying benefits including job opportunities it had lost to it’s maritime neighbours.

    Contrary to the popular but erroneous notion that attributes high Port costs to NPA relative to its peers, verifiable data shows NPA tariffs are amongst the lowest in the region.

    The high incidence of unreceipted costs due to unduly high human interface, bureaucratic bottlenecks, functional overlaps resulting from absence of a Port Community System (PCS) and its corollary the National Single Window (NSW) are responsible for this contrived falsehood.

    Although long overdue, a quick win benefits of the NPA Tariff review for stakeholders, is the immediate boost it gives to the Authority to fast track the commencement of actual works on its concluded Port reconstruction and modernisation plans.

    Secondly, the Tariff review provides the necessary guarantees to fund the acquisition and urgent deployment of the Information Communications Technology (ICT) backbone of the PCS which is the precursor to the implementation of the NSW.

    Furthermore, the increased revenue generation arising from the review buoys the Authority’s capacity for critical maintenance works to open up the Eastern Ports for increased vessel and cargo traffic such as the reconstruction of collapsed Escravos Breakwaters and challenged aspects of Rivers, Onne and Calabar Ports respectively.

    At a stakeholders meeting in Lagos,Managing Director of NPA, Abubakar Dantsoho represented by Olalekan Badmus, Executive Director Marine and Operation said the management decision to meet stakeholders was borne out of desire to carry everyone along.

    Speaking at the meeting, Joshua Asanga a stakeholder agreed with the increase adding that the value of NPA present tariff has since been suppressed Inflation which is at about 35% .

    Asanga listed port management liabilities like wages, fuel and other areas of expenditure as having adjusted upwards without a commensurate rise in NPA charges for over thirty years

    He added that NPA needs funds for improved port infrastructure, robust ICT for Port Community System, procurement of tug boats and other operational platforms to achieve efficiency

    Another stakeholder, Damian Ukagu, who spoke at the event talked on the need to apply more NPA funding to outer port facilities and jetties like the Kirikiri Lighter Terminal and development of other critical port facilities across the country.

    He added that NPA rates should be able to cover these cost that would guarantee minimum return on investment and promote sustainable trade.

    The meeting agreed that existing tariffs were set devoid of capital cost, labour cost, consumables and overhead expenditures needed to run the ports

    They feared that keeping the ports on the old tariff would promote consequences like poor service, inadequate infrastructure,poor remuneration, obsolete critical port facilities, equipment and infrastructure.

  • SUSTAINABLE DEVELOPMENT: Customs, NESREA Strengthen Collaboration on Environmental Protection

    SUSTAINABLE DEVELOPMENT: Customs, NESREA Strengthen Collaboration on Environmental Protection

    The Comptroller-General of Customs (CGC) Adewale Adeniyi has reaffirmed the Nigeria Customs Service’s (NCS) commitment to enhancing collaboration with the National Environmental Standards and Regulations Enforcement Agency (NESREA) to ensure environmental safety, trade efficiency and regulatory compliance.

    Speaking on Tuesday, 4 February 2025, during a courtesy visit by NESREA’s management team to the Customs Headquarters in Abuja, Adeniyi described inter-agency synergy as crucial to achieving national economic and security goals.

    “We recognise the importance of collaboration and partnership. Many of us have witnessed the golden era of synergy between Customs and NESREA, whether at seaports or border stations. Our commitment to this partnership remains unwavering,” CGC Adeniyi stated.

    He noted that the World Customs Organization (WCO) consistently advocates active cooperation between regulatory agencies, highlighting how such partnerships drive trade facilitation, environmental enforcement and national security.

    Adeniyi also outlined the NCS’s 2024 achievements, including surpassing its N5.1-trillion revenue target by November and exceeding N6 trillion by December – achievements attributed to improved efficiency and strategic collaborations.

    “These successes are not just about revenue; they reflect our efforts to create a structured, technology-driven trade environment,” he explained.

    He emphasised the Service’s commitment to digital transformation, intelligence gathering and strategic alliances, proposing deeper digital integration with NESREA to streamline regulatory enforcement. “If we can establish a digital handshake between our platforms – seamlessly sharing data, approvals and compliance information – we can significantly enhance environmental protection while improving trade efficiency,” Adeniyi added.

    NESREA’s Director-General, Dr Innocent Barikor, commended Customs for its progressive reforms and reaffirmed the agency’s commitment to stronger collaboration. He stressed the need for stricter enforcement of environmental regulations, particularly in restricting hazardous imports.

    “Customs and NESREA share a common law enforcement responsibility, especially at the nation’s borders,” Dr Barikor stated. He outlined NESREA’s role in enforcing 35 environmental regulations covering air, land and sea pollution and waste management.

    Dr Barikor also raised concerns over the increasing importation of end-of-life electronics and other environmentally harmful goods, warning that improper disposal poses severe risks. “Some organisations are importing goods that no longer align with environmental best practices, particularly electronic waste. Our inability to manage the resulting hazardous chemicals is already affecting our ecosystem,” he cautioned.

    He emphasised the need for Customs to enforce import restrictions on environmentally unsafe goods and called for greater participation in environmental advocacy, regulatory policymaking and compliance monitoring. Dr Barikor also highlighted the importance of joint training and capacity-building initiatives to strengthen collaboration between both agencies.

  • COMPTROLLER FRANK ONYEKA: Tin-Can Island Port Advocates Accurate Goods Declaration For Seamless Trade Operations

    COMPTROLLER FRANK ONYEKA: Tin-Can Island Port Advocates Accurate Goods Declaration For Seamless Trade Operations

    The Customs Area Controller of the Tin Can Island Port Command (TCIP), Controller Frank Onyeka, has urged stakeholders to ensure accurate and full declarations of goods to enhance trade facilitation and improve customs operations.

    Speaking during a stakeholders’ meeting with executives of the Association of Nigerian Licensed Customs Agents (ANLCA), Tin Can Port Chapter, on Wednesday, Onyeka emphasized that proper declarations are crucial in fostering transparency, combating illicit trade, reducing delays, and boosting national revenue collection.

    “Proper declarations are the foundation of an efficient customs process. When stakeholders declare goods correctly, it enables us to streamline operations, reduce bottlenecks at the ports, and improve the overall experience for both businesses and consumers,” Onyeka stated.

    The call aligns with the Nigeria Customs Service’s (NCS) broader objective of strengthening stakeholder engagement, ensuring compliance with global best practices, and creating a transparent, fair, and secure trading environment.

    Onyeka reassured stakeholders of the NCS’s commitment to capacity building and the deployment of technology-driven solutions aimed at making trade more efficient. “We must work together to ensure the declaration process is not only a statutory requirement but a tool for trade facilitation. By enhancing compliance and promoting transparency, we are building a more robust, resilient, and dynamic trade ecosystem,” he added.

    The meeting, which lasted over an hour and a half, saw stakeholders commending Onyeka’s open-door policy. The Board of Trustees (BOT) Secretary of ANLCA, Mr. Taiwo Oyeniyi, acknowledged Onyeka’s efforts in revenue generation, noting that the TCIP Command has been tasked with increasing its revenue from ₦6.1 billion last year to ₦12 billion this year.

    “To achieve this target, Comptroller Onyeka has to block all revenue loopholes. However, we appeal that if he notices any irregularities, he should inform us. Stakeholders should also take advantage of his open-door policy and approach him whenever they need assistance,” Oyeniyi said.

    He further praised Onyeka’s previous performance as a valuation officer at TCIP and Onne Command, expressing confidence in his ability to lead the command effectively. Oyeniyi also called on stakeholders to make honest declarations and urged Onyeka to maintain continuous dialogue with industry players.

    The NCS remains committed to working with all stakeholders to enhance efficiency, reduce costs, and ensure compliance in trade operations at Tin Can Island Port.

  • Fidelity Bank set to Launch Innovative SME Hub with Creative Studios

    Fidelity Bank set to Launch Innovative SME Hub with Creative Studios

    Fidelity Bank, a leading financial institution, has announced the imminent launch of its dedicated physical facility for Small and Medium-scale Enterprises (SME) and entrepreneurs in the creative sector.

    Known as the Fidelity SME Hub, the multipurpose facility features training halls, meeting rooms, networking spaces, podcast rooms as well as music, photography and content production studios.

    “For nearly four decades, Fidelity Bank has been at the forefront of supporting small businesses in achieving their potential and driving the nation’s economy. During this time, we have recognized that SMEs require more than just financial assistance. This realization has led to the implementation of various non-financial initiatives tailored to support this sector.

    “The Fidelity SME Hub is our latest non-financial solution for SME growth. The facility is designed to foster innovation, collaboration, and capacity-building -vital elements necessary for strengthening Nigeria’s SME ecosystem and driving economic growth”, commented Dr Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer, Fidelity Bank Plc in a chat with journalists recently.

    Located at the heart of Lagos, the Fidelity SME Hub will provide entrepreneurs with networking and stakeholder engagement initiatives as well as access to industry experts and mentors for hands-on guidance and business advice. A key feature of the facility is the Creativerse, a well-equipped space for entrepreneurs in the creative industry.

    The bank has also announced the launch of dedicated courses to be hosted at the SME Hub in areas such as Financial Management & Investment Readiness, Digital Transformation & Technology Adoption, Marketing, Branding, and Business Growth Strategies. Furthermore, a fully-fledged creative academy will be established to cover courses on Music Production, the Business of Music, Website Design & Development, Mobile Videography, Disc Jockey and Photography. To see a comprehensive list of available courses or to apply, please visit https://www.fidelitybank.ng/smehub/.

    Explaining further, Onyeali-Ikpe said, “Beyond empowering small businesses, the Fidelity SME Hub will also serve to bolster our non-oil exports drive as we empower SMEs to increase their contribution to Nigeria’s non-oil GDP thus supporting government’s economic diversification drive. Through our investment in Creativerse in particular, we anticipate that content creators will unlock new revenue streams in entertainment, digital media, and arts, an industry already contributing 2.3% to GDP.”

    Ranked among the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank serving over 8.5 million customers through its 255 business offices in Nigeria and the United Kingdom, as well as through digital banking channels.

    The bank has garnered multiple local and international awards, including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, Best Payment Solution Provider Nigeria 2023, and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards. It was also recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023 and the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

  • Hon. Sadiq Yahaya Attajiri Inspects Sabo Dan Koli Road Construction In Gashua

    Hon. Sadiq Yahaya Attajiri Inspects Sabo Dan Koli Road Construction In Gashua

    Rt. Hon. Sadiq Yahaya Attajiri, Nigeria’s youngest legislator, alongside members of the legislature, visited the ongoing construction of the Sabo Dan Koli road in Gashua, Yobe State, earlier today. The road project was initiated following Attajiri’s request to His Excellency, Governor Mai Mala Buni, on behalf of his constituents.

    The inspection was also attended by the Commissioner, who personally assessed the progress of the work to ensure timely completion. The visit reaffirmed the commitment of the Yobe State government and the legislative representatives to infrastructural development and improved road networks for the benefit of the people.

    Hon. Attajiri, who represents Bade Central, has been widely praised for his dedication to his constituency. His efforts in securing this project highlight his commitment to addressing the needs of his people. Community members expressed gratitude for his intervention, hoping the project would be completed as scheduled.

    “May Allah reward Hon. Attajiri for his commitment to the people of Bade Central,” a resident stated, reflecting the appreciation of many in the community.

    The construction of the Sabo Dan Koli road is expected to enhance connectivity and boost economic activities in the area.

  • CISLAC Applauds Lake Chad Basin Governors’ Forum, Calls For Regional Unity

    CISLAC Applauds Lake Chad Basin Governors’ Forum, Calls For Regional Unity

    The Civil Society Legislative Advocacy Centre (CISLAC) has congratulated the successful hosting of the Fifth Lake Chad Basin Governors’ Forum in Maiduguri and commended the emergence of Governor Mai Mala Buni as the new Chairman of the Forum.

    In a statement signed by Auwal Ibrahim Musa (Rafsanjani), Executive Director of CISLAC, the organization emphasized that the milestone underscores the collective commitment of regional leaders to addressing the multi-faceted challenges affecting the Lake Chad Basin, particularly security, climate change, economic development, and humanitarian crises.

    “We recognize and appreciate the United Nations Development Programme (UNDP), the African Union (AU), the European Union (EU), and the Lake Chad Basin Commission (LCBC) for their unwavering support of this initiative and their broader commitment to fostering peace, stability, and development across Africa,” CISLAC stated. “Their role in strengthening regional governance, enhancing cross-border cooperation, and facilitating conflict resolution is critical in addressing the deep-rooted crises affecting communities in the Lake Chad Basin.”

    At a time when tensions among ECOWAS member states pose a significant threat to regional stability, CISLAC urges all stakeholders to prioritize diplomacy, dialogue, and cooperation over conflict. “A divided region weakens the collective ability to confront common challenges such as terrorism, climate change, and economic hardship. The Lake Chad Basin Governors’ Forum should serve as a model for regional cooperation, where shared interests outweigh individual political differences,” the organization noted.

    CISLAC further observed that, “The persistence of Boko Haram and ISWAP insurgency continues to threaten millions of lives across Nigeria, Chad, Cameroon, and Niger. While military efforts have played a crucial role, sustainable peace will only be achieved through stronger regional coordination, intelligence-sharing, and investment in community-led stabilization programs. The Forum must continue to push for better governance, socio-economic opportunities, and rehabilitation programs to counter extremist recruitment and reintegrate former combatants.”

    Addressing the impact of climate change, CISLAC highlighted that, “The shrinking of Lake Chad, which has lost 90% of its original size since the 1960s, has led to water scarcity, displacement, and food insecurity, exacerbating conflicts in the region. CISLAC calls for urgent climate adaptation policies, sustainable water management, and increased investment in climate resilience programs to protect the livelihoods of communities that depend on the lake. The international community must do more to support the region in adapting to the devastating impact of climate change.”

    For the Lake Chad Basin Governors’ Forum to achieve its full potential, CISLAC emphasizes the need for “stronger governance, sustainable funding mechanisms, and reinforced international support.” The organization further advocates for “increased financial commitments from national governments, development partners, and regional bodies to implement peacebuilding and development projects.”

    Additionally, CISLAC calls for “stronger political will to implement cross-border security agreements and ensure the free movement of people and goods within the region. The removal of trade barriers is also necessary to boost regional free trade, enhance economic integration, and create sustainable jobs, reducing youth vulnerability to radicalization.”

    CISLAC urges all stakeholders—governments, regional organizations, civil society, and international partners—to support the Lake Chad Basin Governors’ Forum as a vital platform for regional peace, stability, and economic transformation. “Now is the time for renewed commitment, greater accountability, and inclusive governance to ensure that no community in the Lake Chad region is left behind,” the organization concluded.

    Auwal Ibrahim Musa (Rafsanjani)
    Executive Director
    Civil Society Legislative Advocacy Centre (CISLAC)
    Head of Transparency International (Nigeria)
    Amnesty International (Nigeria) Board of Trustee Chairman and Standing Representative,
    Chairman, Transition Monitoring Group (TMG)

  • Fidelity Bank Partners NIYEEDEP to Empower 6million Youths

    Fidelity Bank Partners NIYEEDEP to Empower 6million Youths

    Leading financial institution, Fidelity Bank Plc, has announced its selection as one of the partner banks for the Nigeria Youth Economics Engagement and De-Radicalization Programme (NIYEEDEP)”.

    NIYEEDEP (Nigerian Youth Economic Engagement and De-Radicalization Programme), is an initiative of the Federal Ministry of Youth Development, in collaboration with the Nigerian Senate, through its committee on Sports Development. The primary aim of the initiative is to empower Nigerian Youths for economic growth and Development, nation-building, poverty alleviation and security.

    Situating the NIYEEDEP partnership within the Bank’s strategy, Osita Ede, Divisional Head, Product Development, Fidelity Bank Plc explained, “We are delighted to partner with the Federal Government on this noble cause especially as it aligns with brand ethos of helping individuals to grow, inspiring businesses to thrive, and empowering economies to prosper. We believe that Nigeria’s youthful population is a blessing and initiatives like this will go a long way in unlocking the value in our teeming young population”.

    Open to Nigerians between the ages of 18 and 35 years, NIYEEDEP is designed to create 6 million jobs focused on key sectors like agriculture, technology, and renewable energy.

    Interested participants are required to visit https://bit.ly/Fidelity-NIYEEDEP to open a Fidelity Bank account to be able to access the programme.

    “There are limited spaces for participants in the initiative, so I enjoin everyone to hurry to our website or the nearest Fidelity Bank branch to get started. Do remember to provide correct details so that we can provide necessary updates as the programme kicks off”, said Ede.

    Ranked among the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank serving over 8.5 million customers through its 255 business offices in Nigeria and the United Kingdom, as well as through digital banking channels. The bank has garnered multiple local and international awards, including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, Best Payment Solution Provider Nigeria 2023, and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards. It was also recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023 and the Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

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