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Nigeria set to establish aircraft leasing firm – Keyamo

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The Federal Executive Council (FEC), has approved the establishment of a Nigerian aircraft leasing company to ease the cost of acquiring aircraft for local operators.

The Minister of Aviation and Aerospace Development, Festus Keyamo announced the plan in Abuja on Tuesday during a meeting with representatives of Airline Operators of Nigeria (AON).

He noted that the move was designed to ensure the survival and stability of airline operators by reducing flight disruptions and airfares.

He also revealed that the African Development Bank (AfDB) has committed a $7 billion package to support its integrated African aviation programme.

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On the importance of establishing an aircraft leasing firm, Keyamo said: “Since we don’t own a national airline and we don’t subsidise one, our duty as a government is to ensure that we support domestic airline operators to make them stable and make their businesses thrive.

“President Tinubu approved this plan to ensure that they (airline operators) get the fullest support from the government to acquire their aircraft because the major problem of the local operators has been how to acquire their helicopters, their aircraft, for their different operations.

“It’s not only their businesses that will benefit from this move. Once they acquire more aircraft, it will help to cut down on the constant cancellation of flights we are currently familiar with and force down the price of airfares”.

On how the firm would operate, Keyamo said the firm will be substantially private with the government holding only a minimal equity stake.

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He said: “The company will have strategic backing by the government but it will be substantially private. We are bringing in investments of nearly 95 or 99 per cent from outside. Development banks across Africa, private individuals from outside the country and inside the country are bringing in money to ensure that this company has enough funding to bring in aircraft into the country on dry lease.

“Government is not putting one kobo in it. The government is only providing a sovereign guarantee for the safety of those aircraft and for repossession. And for that, the government will hold a minimum equity in the company”.

On the commitment of AfDB, Keyamo said: “The African Development Bank has keyed into this because they have an integrated programme for this kind of thing in Africa and Nigeria is one of their pilot countries. They have announced a $7 billion support package for this programme to pump into aviation and I have been officially appointed as ambassador for this programme in Africa by the African Development Bank.”

Speaking on behalf of AON, the Managing Director of Ibom Air, George Uriesi said the firm would ease the financial burden on airline operators.

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He said: “Aircraft is the most expensive thing any airline can buy and for people like us who have ordered for brand new airplanes, these are multi-million dollar equipment. So if we take our A220 from the factory at 30 per cent interest rate, and our competitors elsewhere take it from the factory at 3 per cent while they are paying $100 a month for the airplane, I’m paying $600, $700 for the same airplane for the same business.

“Already our hands are tied behind our back in the wrestling ring. So this move has untied our hands by providing us a Nigerian leasing company that not only will it provide us access to aircraft at way reduced interest rates, but we will be paying it in Naira.

“With this, we are not worried about whether the dollar is going to go up or come down because the business model will be very clear and we will be paying in Naira”.

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FG plans digital registration of cattle to tackle rustling

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The Federal Government has concluded plans to introduce a digital registration system for cattle and other livestock as part of measures to curb cattle rustling and improve livestock management across the country.
Under the proposed system, cattle and other four-legged livestock will be fitted with electronic ear tags containing unique identification details, geolocation information and proof of ownership.
The Minister of Livestock Development, Idi Maiha, disclosed this on Tuesday after briefing President Bola Ahmed Tinubu on the activities of his ministry and the implementation of the National Ranching Policy at the State House, Abuja.
Maiha said the electronic identification system would form part of a national livestock database designed to enable authorities to identify, monitor and track animals across the country.
According to him, the technology would help establish ownership and make it easier to trace livestock that stray or are stolen.
He described the initiative as part of the Federal Government’s non-kinetic strategy for addressing insecurity in rural communities, particularly cattle rustling.

Beyond its security benefits, the minister said the digital registration system would contribute to the modernisation of Nigeria’s livestock sector by moving production away from traditional practices towards a more organised and technology-driven system.

Maiha explained that the electronic identification programme was being developed alongside the government’s plan to rehabilitate 417 grazing reserves and transform them into integrated livestock communities.

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He said the ranching programme would commence with a pilot project in Plateau State before being extended to Benue, Nasarawa, Kaduna and Adamawa states, as well as the Federal Capital Territory.
The minister said the locations were prioritised because of their history of farmers-herders conflicts.

He explained that the ranching strategy was designed to reduce the movement of large herds by providing livestock owners with access to pasture, water, veterinary services and other essential infrastructure within designated settlements.

Maiha noted that the traditional system of livestock production had become increasingly difficult to sustain due to the disappearance of grazing routes as a result of agricultural expansion, urbanisation and infrastructure development.

“Large number of cattle on the move is crisis-prone because, number one, the grazing routes have disappeared. Farms, large farms have come up, aggressive urbanisation, demand for land for infrastructure development, so many other things have made nomadism not sustainable,” he said.

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He said the proposed grazing reserves would be developed as economic communities rather than places where cattle would merely be confined.
According to him, the planned settlements would include residential facilities, primary schools, healthcare centres, veterinary clinics, solar power installations and earth dams for irrigation and pasture production.

The government also expects the concentration of livestock within the reserves to attract private investment into milk production, dairy processing, meat processing and other areas of the livestock value chain.
Maiha said the ministry was promoting improved livestock breeds and commercial pasture cultivation to boost productivity.

He explained that improved breeds would enable pastoralists to maintain smaller herds while producing higher quantities of milk and meat.
He added that pasture would either be cultivated within the livestock settlements or harvested from other locations and transported to ranches.

The minister said the government was also working to modernise other aspects of livestock production, including veterinary services, dairy production, abattoirs, fodder cultivation and vaccine storage.

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He disclosed that seven model veterinary clinics had already been established, while the long-term objective was to establish at least one model veterinary hospital in every state.

Maiha further said the government was developing off-grid cold-chain facilities for animal vaccines to ensure that they were properly stored and transported under the required conditions.
He expressed confidence that the combination of digital livestock identification, ranching, improved breeds, better veterinary services and modern infrastructure would help reduce conflicts associated with cattle movement while strengthening Nigeria’s livestock economy.

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INEC accommodates SDP in Osun guber poll ballot

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The Independent National Electoral Commission INEC said it has began the reproduction of ballot papers for the Osun State Governorship Election to accommodate the candidate of the Social Democratic Party SDP, Dr Francis Olugbenga Ajala, and his running mate, Faseke Babajimi Oladipo, who have now been added to the ballot.

In a statement signed by the National Commissioner and Chairman, Information and Voter Education Committee at INEC, Mohammed Kudu Haruna, the Commission said the action was taken in compliance with the judgment of the Federal High Court, Abuja, delivered on 22nd July 2026 in Suit No.

FHC/ABJ/CS/344/2026, in a matter between the Social Democratic Party and Dr Francis Olugbenga Ajala on one hand, and INEC on the other.

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According to the statement, the court had ordered the Commission to forthwith recognise, accept, upload, process and publish the name and particulars of Dr Ajala as the candidate of the SDP for the election.

“The Commission wishes to inform the public that the reproduced ballot papers will arrive in Osun State on Thursday, 13th August 2026, and will, same day, be moved to Local Government Area offices across the State, in line with its standard distribution procedure ahead of the election,” the statement read.

With the addition of the SDP candidate, the total number of political parties contesting the governorship election, scheduled for Saturday, 15th August 2026, now stands at 15.

INEC noted that the result sheets for the election are also being reproduced alongside the ballot papers to reflect the inclusion of the SDP candidate.

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Police stop Amotekun, vigilantes from Osun guber poll

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The Nigeria Police Force has stopped the Western Nigeria Security Network, popularly known as Amotekun, vigilante groups and other non-state security outfits from participating in security operations for Saturday’s Osun State governorship election.

The Force warned political parties, candidates and their supporters against engaging, arming or deploying such groups for election-related activities.

The directive was communicated through a statement from the Force Public Relations Officer, CSP Ani Iniedu, speaking on behalf of the Inspector-General of Police, Olatunji Rilwan Disu.

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According to the police, these community and quasi-security formations will have no involvement whatsoever in election-related security functions. This includes activities such as escorting electoral materials to polling locations, providing security at polling units, setting up checkpoints, or carrying weapons in connection with the election.

The police also issued a broader warning to political parties, their candidates, supporters and the general public, cautioning against violence, intimidation tactics and thuggery in the lead-up to and during voting. The Force stated plainly that persistent election-related crimes, among them snatching ballot boxes, intimidating voters, buying votes and confrontations between opposing camps of supporters would not be permitted to occur unchecked, as individuals implicated in these offences, whether as the ones physically committing the acts or as those funding and organising them, will face arrest and prosecution regardless of their political connections or standing in society.

The Force named the agencies authorised to handle election security: the police itself, the Department of State Services (DSS), the Nigeria Security and Civil Defence Corps (NSCDC), the Nigeria Immigration Service, the Nigeria Correctional Service, and the Federal Road Safety Corps (FRSC). They are expected to cover all polling units, collation centres, election materials, officials, observers, journalists and voters alike in the 30 Local Government Areas in Osun State.

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