Senate in Nigeria proposes death penalty for drug trafficking

Nigeria's Senate on Thursday proposed significantly toughening penalties for drug trafficking, making the death penalty the new maximum sentence through a law amendment.

The amendment, which is not yet law, replaces life imprisonment, which was previously the harshest punishment.

Nigeria, Africa's most populous country of more than 200 million people, has in recent years gone from being a transit point for illegal drugs to a full-blown producer, consumer and distributor.

Opioid abuse, especially tramadol and cough syrups containing codeine, has been widespread throughout Nigeria, according to the National Agency for Food and Drug Administration and Control, which banned production and import of codeine cough syrup in 2018.

While cannabis is cultivated locally, cocaine, methamphetamine and other narcotics are trafficked through the country alongside opioids to feed a growing addiction problem.

The legislation stemmed from a report by the Senate committees on judiciary, human rights and legal matters, and drugs and narcotics, which Senator Mohammed Monguno presented during Thursday's plenary session.

Supporters argued the threat of execution would serve as a stronger deterrent to drug traffickers than life imprisonment.

Lawmakers who opposed the measure expressed concerns about the irreversible nature of the death penalty and the possibility of wrongful convictions.

The House of Representatives earlier passed the bill but without a death penalty provision. Five select members of the Senate and House will need to harmonize the two versions before it goes to the president.

By Camillus Eboh, Reuters 

Related story: Video - Opioid crisis in Nigeria

 

Video - Central bank concerned of increased cash hoarding in Nigeria

New data by the apex bank shows that over 90 percent of currency in circulation is held outside the banking system. The pattern reflects a growing lack of confidence in the banking system and also seriously limits access to liquid cash. The cash hoarding could threaten Nigeria's financial stability and economic growth.

CGTN

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Nigeria rejects Binance CEO's bribery claim

Nigerian authorities on Wednesday denied allegations from Binance's CEO of soliciting bribes, saying the claim was a "diversionary tactic" and an "act of blackmail" aimed at undermining ongoing criminal charges against the company.

Binance, the world's largest crypto exchange, and two of its executives face separate trials on charges of tax evasion and laundering more than $35 million, which the company is challenging.

Tigran Gambaryan, a U.S. citizen and Binance's head of financial crime compliance, remains in custody while British-Kenyan Nadeem Anjarwalla has fled the country.

CEO Richard Teng in a blog post accused unidentified Nigerian officials of demanding a $150 million cryptocurrency bribe to halt the investigations.


In a statement on Wednesday, Nigeria's Information Ministry spokesperson Rabiu Ibrahim said the claims "lack any iota of substance". He accused Binance of attempting to undermine the country's legal proceedings.

"It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria," Ibrahim said.

"The facts of this matter remain that Binance is being investigated in Nigeria for allowing its platform to be used for money laundering, terrorism financing, and foreign exchange manipulation through illegal trading," he said.

Nigerian authorities claim the bribery allegations are part of a wider campaign by Binance to discredit investigations against the company, citing similar legal troubles in the United States.

Binance did not immediately comment, but in a statement on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited for talks and then detained as part of a crackdown on the crypto industry.

Teng's blog is the latest in a dispute that has already seen Binance close in Nigeria.


Nigeria blamed Binance for its currency problems after cryptocurrency websites emerged as platforms of choice for trading the Nigerian naira as the country grappled with chronic dollar shortages.

Binance said in early March it was stopping all transactions and trading in naira.

By Camillus Eboh, Reuters

Related story: Bail Hearing in Nigeria for Jailed Binance Exec Postponed Until May 17

Arrest of journalist in Nigeria triggers criticism of worsening press freedoms

A Nigerian journalist's arrest last week has triggered criticism of worsening press freedoms in the West African country.

Daniel Ojukwu with the Foundation for Investigative Journalism went missing last Wednesday in the economic hub of Lagos. His family and employer found out on Friday that he was detained and held in a police station for allegedly violating the country's Cybercrime Act, often criticized as a tool for censorship.

The arrest of Ojukwu, who was later transferred to the Nigerian capital of Abuja, follows his report about alleged financial mismanagement of over 147 million naira ($104,600) involving a senior government official, according to his employer, the foundation.

Nigeria is ranked 112th out of 180 countries in the latest World Press Freedom Index by Reporters Without Borders. It is known for the country's tough environment for journalists who face frequent abductions, arrests and prosecution, usually after reporting on chronic corruption and bad governance plaguing the oil-rich country.

At least 25 journalists have been prosecuted under the country's Cybercrime Act since it was introduced in 2015, according to the Committee to Protect Journalists. They include eight detained under President Bola Tinubu whose government, in power since May last year, touts itself as one encouraging press freedoms — a claim it repeated last week during World Press Freedom Day events.

The Cybercrime Act was amended this year to remove some harsh provisions but the police still use it to "silence journalists and critics," Amnesty International's Nigeria office said.

Nigeria's law requires a suspect to be charged or released within 48 hours following arrest. Ojukwu, however, was not allowed any means of communication or access to a lawyer until his third day in custody, said Oke Ridwan, a human rights lawyer who met with the journalist at the police station where he was held.

Nigeria's Minister of Information Mohammed Idris Malagi told The Associated Press that he is making efforts to resolve the case and is "on top of the issue." Local and international civil society groups have condemned the detention.

It is a "symptom of a larger problem within Nigeria's law enforcement agencies, and their relationship with politically exposed persons undermining democratic principles," a coalition of at least 30 civil society groups known as the Action Group on Protection of Civic Actors said in a statement on Monday.

"The Nigerian Police Force has veered off course from its duty to uphold law and order to become an oppressive tool in stifling dissent and independent journalism," it added.

AP

Nigeria to Ban Person-to-Person Crypto Trade in Battered Naira

Nigeria vowed to ban person-to-person cryptocurrency trading in the naira, taking its latest step to corral an industry which the West African nation blames for harming the battered local currency.

Securities and Exchange Commission Director General Emomotimi Agama also told a meeting with fintech professionals on Monday that new rules would be rolled out “in the coming days” covering crypto exchanges, digital asset custodians and other corners of the sector.

“The thing that needs to be done is delisting the naira from the P2P space in order to avoid the level of manipulation that is currently happening,” Agama said. “Recent concerns regarding crypto P2P traders and their perceived impact on the exchange rate of the naira has underscored the need for collective action,” he said in a statement released by the Abuja-based SEC on Monday evening.

Peer-to-peer platforms allow crypto investors to trade directly with one another, rather than via a central intermediary. In such transactions, the traders themselves negotiate the price.

The warning follows Nigeria’s ban on Binance Holdings Ltd., the world’s largest cryptocurrency exchange, and the arrest of two of its executives when they visited the country in February.

One of them fled but the other, Tigran Gambaryan, has been jailed at the Kuje correctional center in Abuja and will go on trial this month where he faces charges of tax evasion, currency speculation and money laundering.

“Manipulations and all forms of activities that undermine our national interest would not be acceptable,” Agama said.

Africa’s most populous nation has seen residents flock into crypto assets as a hedge for weakness in the naira, which has lost 65% of its value against the dollar since the government eased currency rules in June to make the unit more attractive to foreign investors.

Central bank Governor Olayemi Cardoso in February accused Binance of allowing illicit transactions in the naira on its platform, which the authorities subsequently blocked.

“SEC will not hesitate to utilize all the powers within its mandate to handle issues that are negative and pose a threat to national interest,” Agama said. “We ask that those involved in sharp practices that undermine national interest should cease and desist.”

By Emele Onu, Bloomberg 

Related story: Video - Detained Binance executive appears in court in Nigeria for tax, money laundry charges

Army in Nigeria tries two of its personnel over deadly drone strike accident

Five months after admitting to killing 85 civilians in an airstrike, the Nigerian army has brought those it holds accountable to book.

The Director of Defence Media Operations announced on Thursday (May 2nd) that two military personnel were facing a court martial.

An army drone strike accidentally hit Tudun Biri village, in northwestern Nigeria on December 3rd, last year.

Civilians celebrated a Muslim festival at the time.

Major General Edward Buba told reporters in Abuja that the victims had been mistaken for terrorists.

He added the army initiated disciplinary action against those culpable following what he called a painstaking investigation.

The accused are to face a court martial for acts of ommission or commission.

Major General Buba did not provide further information.

Nigeria's armed forces often rely on air strikes in their battle against so-called bandit militias in the northwest and northeast of the country where jihadists have been waging a 14-year conflict.

Africa News 

Related news: Accidental Military drone strikes kill dozens in Nigeria

 

 

Civil servants in Nigeria get pay rises up to 35% due to inflation

Nigeria has raised salaries for civil servants by between 25% and 35% amid to help them cope with the rising cost of living.

The lowest-paid government employee will now earn $324 (£258) a year, Reuters news agency reports.

Police and military officers are among state workers who are set to benefit from the pay rises, which will be backdated to January.

The announcement came on the eve of Wednesday's Workers' Day holiday.

However, the rate of inflation is currently more than 30% - the highest figure in nearly three decades.

The cost of food has risen even more - by 35%, according to the latest data from the National Bureau of Statistics, so the pay rises mean that salaries for civil servants stay roughly the same in real terms - what it can buy in the shops and markets.

Pensions for those workers who benefit were also increased by between 20% and 28%, the National Salaries, Incomes and Wages Commission (NSIWC) said.

The hikes come after the government recently raised the salaries of academic staff members and healthcare workers.

However, the monthly minimum wage, set by the government and which all employers are supposed to observe, has not changed since 2019, when it was put at 30,000 naira - this is now worth just $19 (£15) after a sharp fall in the value of the naira over recent months.

The government also recently increased electricity tariffs for consumers who use the most power as it seeks to wean the economy off subsidies that have weighed heavily on public finances.

The trade union umbrella group, the Nigeria Labour Congress (NLC), welcomed the latest pay increase but urged the government to ensure that it was reflective of the harsh economic situation in the country.

"These categories of workers are already in the privileged sector but we expect it to be extended also to other categories of civil servants who are in lower cadre and are vulnerable," NLC spokesman Comrade Benson Upah told local media.

Negotiations are ongoing between the government and the main labour unions about an increase in the minimum wage.

Food prices as well as the prices of goods and services have doubled in many parts of the country since the removal of a fuel subsidy last year.

Petrol shortages have worsened in Nigeria's major cities, with long queues observed since last week, as Africa's biggest oil producer struggled with a fuel scarcity.

Authorities blamed the shortage on supply disruptions due to logistical challenges.

Most of Nigeria's oil is exported, while the fuel which is used locally is mostly imported due to a lack of refining capacity.

By Wycliffe Muia, BBC

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Video - Soaring food prices in Nigeria strain family budgets on staples

Former Kwara finance commissioner arrested for N1.22 billion fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Commissioner for Finance in Kwara State, Ademola Banu, at the Federal High Court in Ilorin over alleged money laundering and misappropriation of state funds to the tune of N1.22 billion.

Mr Banu was arraigned before the judge, Evelyn Anyadike, on Monday, a statement sent to PREMIUM TIMES by EFCC’s spokesperson, Dele Oyewale, on Tuesday said.

The defendant was alleged to have, among other sundry offences, conspired to divert the said sum during the administration of then-Governor Abdulfatah Ahmed between May 2011 and May 2019 when he served as the Commissioner for Finance.

Mr Banu was to be arraigned alongside his principal, former Governor Abdulfatah, on 23 February 2024, but the scheduled hearing was stalled because he was not in court, prompting the judge to issue a warrant of arrest against Mr Banu.

The court, on the said date, took the plea of Mr Abdulfatah on the 12-count charge preferred against him and Mr Banu.

At the resumed hearing on Monday, the two defendants – Messrs Abdulfatah and Banu – listed as the first and second defendants in the charge, were present in court.

When the case was called, A. A. Ajibade, a Senior Advocate of Nigeria (SAN), announced the appearance for Mr Abdulfatah, while Gboyega Oyewole, a SAN, for Mr Banu, and the prosecution team was led by Rotimi Jacobs, also a SAN.

Mr Jacobs informed the court that the second defendant, who was unavailable at the last sitting when his co-defendant, Mr Abdulfatah, was arraigned, was finally in court to take his plea.

In response, Mr Banu’s lawyer, Mr Oyewole, prayed the court to discharge the bench warrant earlier issued against his client, which Mr Jacobs did not oppose.

In a bench ruling, the judge vacated the bench warrant on the second defendant, setting the stage for his arraignment.

Thereafter, Mr Banu pleaded not guilty to the charge when it was read to him.

Following his plea, Mr Oyewole applied for his client’s bail. He prayed the court to grant the application on liberal terms, citing Mr Banu’s medical conditions.

But, the prosecution lawyer did not oppose the bail request given the earlier ruling.
 

Bail conditions

The judge granted the second defendant bail of N20 million with two sureties in like sum.

Ms Anyadike said the sureties must have landed property within the court’s jurisdiction.

She added that the sureties must deposit three passport photographs with the court’s registrar.

The sureties must also produce evidence of payment of electricity bills for the last three months.

Furthermore, the judge ordered that the sum of N5 million must be paid as a bond into the litigation account of the Federal High Court by the defendant, which will be returned to him after the final determination of the case but forfeited to the federal government in the event the defendant jumps bail.

The judge also ordered the defendant to deposit his passport with the court.

She said Mr Banu must not travel without the court’s permission but may apply for it on medical grounds.

Thereafter, the judge ordered the defendant to be remanded in the custody of the EFCC, pending the perfection of his bail conditions.

The case has been adjourned to 25 and 26 June for trial.

Premium Times

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Nigeria recovers $24m in poverty minister Betta Edu investigation

Nigeria launches first multilingual LLM trained in local languages

The Nigerian government has launched the country’s first multilingual large language model (LLM) that will reflect its diversity and play a major role in its national artificial intelligence (AI) strategy.

Communications, Innovation and Digital Economy Minister Bosun Tijani announced the new LLM at the National Artificial Intelligence Strategy Workshop.

The new LLM will be trained in five “low-resource local languages and accented English to ensure stronger language representation in existing datasets for the development of artificial intelligence solutions.”

The language model is the product of a partnership between the government and the private sector. Awarritech, a local AI firm, and Data.org, a global data democratization initiative by Mastercard (NASDAQ: MA) and the Rockefeller Foundation, represent the private sector. The National Information Technology Development Agency (NITDA) and National Centre for Artificial Intelligence and Robotics (NCAIR) represented Nigeria’s government in the development of LLM.

Additionally, the government relied on over 7,000 fellows from its 3MTT Nigeria program, which targets 3 million graduates who are fully proficient in technical courses, from AI and cybersecurity to cloud computing and machine learning.

One of the greatest challenges facing AI is bias. While policies can help reshape AI to be more inclusive, diversity in AI input will have a greater impact. One key solution is to develop localized LLMs that incorporate language and cultural nuances, resulting in AI that promotes connections globally.

In addition to the new LLM, Tijani announced the launch of the Nigeria AI Collective, a community of industry players pushing for AI development.

“We are inviting AI researchers, practitioners, academia, government, civil society organisations, startups, entrepreneurs, students and AI enthusiasts in general to join the collective to harness the power of artificial intelligence,” the minister said.

Tijani further relaunched the NCAIR, a subsidiary of NITDA focused on developing the two sectors.

By Steve Kaaru, CoinGeek

Former aviation minister of Nigeria arrested for money laundering

Nigeria's former aviation minister, Hadi Sirika, is expected to be arraigned in an Abuja court next week after being arrested earlier this week by the country's corruption watchdog in connection with fraud and money laundering allegations involving NGN8 billion naira (USD6.4 million). He was reportedly also questioned about the controversial Nigeria Air (NWB, Lagos) project.

According to local news reports, Sirika was detained on April 23 and remained in custody while being questioned by the Economic and Financial Crimes Commission (EFCC) in Abuja, which was preparing charges against him.

As first reported by the newspaper The Punch, the investigation focuses on contracts Sirika allegedly approved during his tenure as aviation minister for Engirios Nigeria Limited, owned by his brother Abubakar Sirika, also a deputy director at the Federal Ministry of Water Resources.

The contracts included the construction of a terminal building at Katsina Airport in August 2022 for NGN1.35 billion (USD1.1 million); a fire-truck maintenance centre at the same airport in November 2022 for NGN3.8 billion (USD3.1 million); the procurement of lifts and other equipment for the Abuja office of the Nigerian Civil Aviation Authority (NCAA) in February 2023 for NGN615 million (USD498,000); and procurement of Magnus Aircraft for pilot training and a simulator for the Nigerian College of Aviation Technology in the city of Zaria in May 2023 for NGN2.2 billion (USD1.8 million).

It is alleged that at least NGN3.2 billion (USD2.6 million) was paid to Engirios Nigeria Limited, which then transferred the funds to various entities.

The EFCC started investigating Sirika in February 2024 concerning allegations of conspiracy, abuse of office, diversion of public funds, and contract inflation during his time in office between August 22, 2019 and May 29, 2023. The Punch revealed that Abubakar Sirika was arrested on February 4 and has been assisting the commission in its probe.

An unnamed source close to the investigation told the newspaper that Hadi Sirika was also being questioned about the controversial Nigeria Air project but gave no further insight. The EFCC is probing the proposed joint venture between a consortium led by Ethiopian Airlines and the previous government of Muhammadu Buhari. The consortium won a tender process run by the state-owned Infrastructure Concession Regulatory Commission (ICRC). However, Nigeria Air's certification process was suspended in November 2022 after private airlines under the mantle of the Airline Operators of Nigeria (AON) lobby group won an interim court interdict against its further establishment, followed by legal to-and-fros about the jurisdiction of the case.

Sirika in particular came under public fire after he approved a publicity charter flight operated by Ethiopian Airlines bearing Nigeria Air branding shortly before the government left office. After taking office in August 2023, new Aviation and Aerospace Development Minister Festus Keyamo suspended the Nigeria Air venture pending the outcome of the EFCC investigation.

By Hilka Birns, chi-aviation 

Video - Nigeria government directs crude oil be sold to domestic refineries first

Nigerian authorities introduced new regulations to enable domestic refineries to pay for crude supply from oil producers in the country in the local currency. The government also introduced a new directive requiring producers to first sell crude oil to local refineries. The actions will hopefully reduce Nigeria's dependence on imported petrol products.

CGTN

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Dangote refinery supplies petroleum products to local market in Nigeria

 

 

Nigeria seeking up to $2.25 bln in World Bank loans

Nigeria is seeking up to $2.25 billion in World Bank loans and expects the bank's board to approve the request in June, the government said in a statement following the IMF/World Bank spring meetings in Washington, D.C.

Nigeria also aims to issue diaspora bonds later this year to attract much-need foreign exchange into the country, Finance Minister Wale Edun said in the statement.

The World Bank loans would comprise $1.5 billion in development policy financing and $750 million in programme-for-results financing, the statement said, adding the bank would meet in June to consider final approval of the package.

The World Bank did not immediately comment on the statement.

Nigeria, typically Africa's largest oil exporter, has faced a shortage of foreign exchange that pushed its naira currency to record lows versus the U.S. dollar this year, though it has since rebounded.

President Bola Tinubu also inherited an economy saddled with record debt, high unemployment and large central bank financing, though Edun, in an interview with Reuters last week, said the government had halved federal borrowing from the central bank.

By Maxwell Akalaare Adombila, Reuters

Analysts skeptical about improvement of local crude refining in Nigeria

Nigeria has been Africa’s largest or second-largest oil exporter for years, but relies heavily on imports to meet local energy needs. The government is trying to change that, saying the country’s four moribund oil refineries will be revived and put back in operation.

This week, authorities also announced a new policy that oil producers must sell a share of their crude oil to local refiners before they are permitted to export crude.

Nigeria’s petroleum regulatory commission announced the new Domestic Crude Oil Supply Obligation (DCSO) during a meeting with industry players. It's part of an amendment to Nigeria’s Petroleum Industry Act of 2021.

Under the policy, Nigerian oil producers are allowed to export crude only after meeting their supply obligations to local refiners.

The measure will take effect in the second half of the year, but it does not specify what quantity of crude must be supplied to local refineries.

Authorities said the objectives of the guideline are to bolster Nigeria’s refining capacity, improve the oil industry and earn foreign exchange.

Public affairs analyst Jaye Gaskiya said it was the right move. "In the current situation globally, this is actually going to turn out much more beneficial to both the producers and refiners in the country," Gaskiya said. "Essentially this is designed to ease the problem of supply to the local refineries so that they don't become redundant. The second thing is that it is also designed in such a manner to ease the pressure on the naira," which is the currency of Nigeria.

According to the regulations, payments for crude to domestic refiners can be made in dollars, naira or a combination of both.

Nigeria relies heavily on imports to meet the population’s energy needs. Analysts say refining crude oil locally could reverse this trend.

But oil and gas analyst Toyin Akinosho said he had concerns.

"In principle, I do not have a problem with it, but we need to be very careful about the foreign exchange implications and also the volumes that are going out," he said. "My challenge has always been, if you are overzealous about certain regulations, you can burn your fingers. In an era of very low forex [currency trading] and this being the major avenue for inflow into the country, you have to find a way of managing it."

The new measure includes penalties for oil producers who divert crude oil or refiners who fail to meet payment obligations.

But Gaskiya said there were some loose strings to the rule.

"The regulation says it is on the basis of willing buyer and willing seller, and that's quite tricky," Gaskiya said. "A situation where you have the suppliers, for instance, being unwilling, what are you then going to do as the regulator? So those are the things that the regulator needs to be on the lookout for."

The refineries in Nigeria, including the latest one built by Africa's richest man, Aliko Dangote, will have a combined processing capacity of 650,000 barrels of crude oil per day when rehabilitated.

While experts have doubts the new guidelines will be effective, authorities are optimistic Nigeria is getting closer to its goal of having a self-sufficient energy sector.

By Timothy Obiezu, VOA 

Related story: Dangote refinery supplies petroleum products to local market in Nigeria

Libya overtakes Nigeria as Africa's largest oil producer

Nigeria strikes deal with Shell to supply $3.8 bln methanol project

Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass methanol facility, resolving a major hurdle to a final investment decision on the project, the minister of state for gas said on Thursday.

Nigeria, which holds Africa's largest natural gas reserves of more than 200 trillion cubic feet, has struggled to tap the commodity due to capital constraints and a lack of infrastructure.

Minister Ekperikpe Ekpo said in a statement that the Gas Supply and Purchase Agreement, crucial for the Brass methanol project, will be executed next month following successful talks with Shell's Nigeria CEO and executives from other companies involved.

The GSPA will secure a long-term gas supply from a Shell-operated joint venture for the methanol production facility that will be built on Brass Island in the oil-rich coastal Bayelsa state.

"The NNPC/Shell joint venture partners are now fully committed to uninterrupted gas supply for the development of the Brass Methanol project," Ekpo said.

"Mr President is very passionate about this project and wants something positive to happen in respect of the Brass Methanol project before the end of May this year," Ekpo said.

The project includes a gas processing plant, a methanol production and refining site, and product export facilities.

By Camillus Eboh, Reuters

Related story: Amnesty International says Nigeria must stop Shell Niger Delta business sale

 

Nigeria says no record of child deaths from recalled J&J cough syrup

Nigeria's drug regulator has no record of children dying or falling ill from exposure to a batch of cough syrup made by Johnson & Johnson in South Africa that was recalled last week, a senior official said on Tuesday.

Nigeria's National Agency for Food and Drug Administration and Control (NAFDAC) announced the recall after laboratory tests found an unacceptably high level of diethylene glycol, which is toxic to humans, prompting regulators in five other African countries to also issue recalls.

South Africa's drug regulator said on Tuesday that there was no record of adverse reactions in South Africa or anywhere in the world to the two batches of Benylin Paediatric Syrup it recalled.

It said it was conducting tests and investigations, as was manufacturer Kenvue, which now owns the brand after a spin-off from J&J last year.

"We hope to finalise these soon," the South African Health Products Regulatory Authority told Reuters.
Consuming diethylene glycol can result in acute kidney failure. The substance has been linked to deaths of dozens of children in Gambia, Uzbekistan and Cameroon since 2022 in one of the world's worst waves of poisoning from oral medication.

Fraden Bitrus, NAFDAC's director of pharmacovigilance, told Reuters the regulator had been testing cough syrups in response to those deaths, not because of any specific report of harm to children in Nigeria.

"We sampled a number of products. Some failed and some passed. This particular product had been sampled earlier, but we were not thinking of diethylene glycol, and because of this, we decided to test the product again," he said.

The recalled batches of syrup were made by J&J in South Africa in May 2021. Asked whether J&J was working with Kenvue to investigate what had gone wrong, Joe Wolk, chief financial officer of J&J, told Reuters: "This is just with Kenvue at this point."

Kenvue has said it is working with health authorities to determine next steps.

In addition to Nigeria and South Africa, regulators in Kenya, Tanzania, Rwanda and Zimbabwe have recalled the same batch of Benylin Paediatric Syrup.

By Ope Adetayo and Bhargav Acharya, Reuters 

Related story: Nigeria recalls J&J children's cough syrup over toxic substance

Video - Concerns over electricity rate hike in Nigeria

An increase in electricity prices by nearly three times has sparked a backlash in Nigeria. The decision to remove electricity subsidies is part of President Bola Tinubu's reform drive to ease pressure on the economy as the government targets up to 2.6 billion U.S. dollars from the subsidy removal.

CGTN

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Amnesty International says Nigeria must stop Shell Niger Delta business sale

More than 40 civil society organisations call for proposed sale to be blocked as it risks worsening human rights abuses

Deal appears to fall far short of several regulatory and legal requirements

There have been hundreds of oil spills from Shell infrastructure in the Niger Delta during its decades of operation

‘There’s a substantial risk Shell will walk away with billions of dollars, leaving those already harmed facing continued abuse’ - Isa Sanusi

The proposed sale of Shell’s onshore oil business in the Niger Delta region of southern Nigeria risks worsening human rights abuses and should be blocked by the Government unless a series of safeguards are put in place, a group of 40 civil society organisations including Amnesty International said today.

In an open letter to the Nigerian industry regulator, the signatories said the sale of Shell Petroleum Development Company to Renaissance Africa Energy should not be allowed to proceed unless the environmental pollution it caused has been fully assessed, it provides sufficient funds to guarantee clean-up costs, and local communities have been fully consulted.

The letter highlights how the deal appears to fall far short of several regulatory and legal requirements including the apparent lack of an environmental study to assess clean-up requirements, and an evaluation to ensure sufficient funds are set aside for potential decommissioning of oil infrastructure - a sum likely to amount to several billions of US dollars.

It also notes the lack of an inventory of the physical assets being sold, which potentially indicates the state of disrepair of pipelines and infrastructure that caused leaks which have frequently had devastating consequences on local people’s health and wellbeing.

Isa Sanusi, Amnesty International’s Nigeria Director, said:

​“There is now a substantial risk Shell will walk away with billions of dollars from the sale of this business, leaving those already harmed without remedy and facing continued abuse and harms to their health.

​“Guarantees and financial safeguards must be in place to immediately remedy existing contamination and to protect people from future harms before this sale should be allowed to proceed.

​“Shell must not be permitted to slip away from its responsibilities for cleaning up and remedying its widespread legacy of pollution in the area.”

​Olanrewaju Suraju, chairman of Human and Environmental Development Agenda , commented:

“Shell’s operations in the Niger Delta over many decades have come at the cost of grievous human rights abuses of the people living there. Frequent oil leaks from its infrastructure and inadequate maintenance and clean-up practices have left groundwater and drinking water sources contaminated, poisoned agricultural land and fisheries, and severely damaged the health and livelihoods of inhabitants.”

Hundreds of oil spills

There have been hundreds of oil spills from Shell infrastructure during the decades it has been operating in Nigeria.

​Renaissance Africa Energy is a consortium consisting of ND Western Limited, Aradel Holdings Plc, FIRST Exploration and Petroleum Development Company Limited, the Waltersmith Group and the Petrolin Group.

The letter with a full list of signatories is available here. 

Amnesty International

Related story: Video - Challenges arise as Shell plans exit from Nigeria

Libya overtakes Nigeria as Africa's largest oil producer

Libya overtook Nigeria as the top African crude oil producer for March, data from the Organization of Petroleum Exporting Countries (OPEC) has shown. According to the April 2024 Monthly Oil Market Report (MOMR), Libya recorded 1.236 million barrels per day (bpd) of crude production in March, up from 1.173 million bpd in February.

Meanwhile, Nigeria recorded an output of 1.23 million barrels per day in March 2024, compared to 1.32 bpd in February 2024. Despite the drop in output by 6.8 per cent, Nigeria retained its leadership position on the continent, producing 1.398 million bpd, while Libya produced 1.161 million bpd during the period.

“According to secondary sources, total OPEC-12 crude oil production averaged 26.60 mb/d in March 2024, 3 tb/d higher, m-o-m. Crude oil output increased mainly in IR Iran, Saudi Arabia, Gabon, and Kuwait, while production in Nigeria, Iraq, and Venezuela decreased.”

According to direct communications from OPEC, the recent drop in the country’s crude production can be attributed to a surge in pipeline vandalism and crude oil theft incidents in its oil-producing region.

Experts weighed in, saying that this has led to a decline in business activity and subdued consumer spending, high input-cost inflation, and lower employment levels compared with the previous year.

In other news, the Dangote oil refinery in Nigeria has started supplying petroleum products to the local market, a major step in the country's journey towards energy self-sufficiency. Devakumar Edwin, an executive at Dangote Group, confirmed the arrival of diesel and jet fuel shipments in the local market.

Abubakar Maigandi, head of the Independent Petroleum Marketers Association of Nigeria, also said that local oil marketers reached an agreement on the price of diesel at 1,225 naira ($0.96) per litre following a bulk purchase deal. Maigandi noted that the association's members oversee about 150,000 retail stations throughout Nigeria. 

By Victor Oluwole, Business Insider Africa

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Consumers in Nigeria upset at electricity rate hike

A sudden hike in electricity rates in Africa's most populous country, Nigeria, has sparked a backlash.

Until now, Jude Okafor has spent an average $25 on electricity to run a frozen fish and meat business that he started in 2021. But since last week, when the government announced a rate hike of nearly 300 percent for electricity, Okafor says running his business has been tough.

"There is no escape. Light has gone high, fuel has gone high. And for a businessman, there's no way we can cope with that,” Okafor said. “If there's no light or fuel to ice our fish, what are we going to do? Our business is running down. This is [a] first-class act of wickedness."

The Nigerian Electricity Regulatory Commission (NERC) announced the price change last Wednesday and said only its bigger power consumers, about 15 percent overall, would be affected by the subsidy cut.

Authorities said consumers in that category enjoy up to 20 hours of electricity a day and that the rate hike was only fair to customers who receive fewer hours of light.

The decision to remove electricity subsidies is part of President Bola Tinubu's reform drives to ease pressure on the economy.

Authorities argue that state-controlled electricity rates are too low to attract new investors or allow distribution firms to recover their costs, leaving the sector with huge debts.

Economic analyst Ogho Okiti says the government’s move is a good one.

"The government is not able to pay those subsidies on time, and because they're not able to [pay] them on time, gas companies are withdrawing their gas supplies,” Okiti said. “The timing is right. I think the government had waited till April to do this because they expect power supply to improve from now because of [the] rainy season."

But the decision is being criticized by many, including businesses, manufacturers and workers' unions.

This week, the Abuja chapter of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, or NACCIMA, said the decision would threaten the survival of many thousands of businesses already struggling to cope with soaring inflation.

"First of all, the timing is wrong,” said Dele Oye, national president of the NACCIMA. “We all know that electricity is underpriced, but to some extent, there must be some level of subsidy. There's nowhere in the world where there's no subsidy. We cannot compete if we have to pay everything at market value when we don’t see market value service from the government. We do our roads. We do our security as investors."

Nigeria last revised electricity rates four years ago. Authorities say the country could save up to $2.6 billion from the subsidy removal.

But a similar reform applied on petrol last year worsened a cost-of-living crisis for many Nigerians after the annual rate of inflation rose to more than 30 percent — its highest level in three decades.

Critics will be watching to see how this newest subsidy removal unfolds.

By Timothy Obiezu, VOA

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Nigeria recovers $24m in poverty minister Betta Edu investigation

Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says.

The funds were traced to more than 50 bank accounts, it said.

Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public money into a personal bank account.

President Bola Tinubu then ordered an investigation into her ministry.

At the time Dr Edu, 37, denied any wrongdoing. Her office said she had approved the transfer into a personal account, which was not in her name, but said it was for the "implementation of grants to vulnerable groups".

The Economic and Financial Crimes Commission (EFCC) said during its nearly six weeks of investigating so far, it had found "many angles" to examine.

"As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child's play. That's a big deal," its chairman Ola Olukoyede said in the latest edition of the agency's monthly e-magazine, EFCC Alert.

He urged Nigerians seeking redress to give the agency time to finish its probe thoroughly.

"We are exploring so many discoveries that we have stumbled upon in our investigation. If it is about seeing people in jail, well let them wait, everything has a process to follow," he said.

The EFCC chairman gave an assurance that the recovered funds were "already in the coffers of the federal government".

The suspension of a minister is a rare occurrence in Nigeria.

By Gloria Aradi, BBC

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