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Economic Hardship: Oyebanji Unveils N12bn Economic Relief Programme

Ekiti State Governor, Mr Biodun Oyebanji, on Monday, unveiled N12bn Economic Relief Programme to alleviate the hardship being experienced by people of the state in the face of the current global economic downturn.
Oyebanji, who assured Ekiti people of commitment to their welfare and wellbeing, urged them to cooperate with the government at the local, state, and federal levels.
The governor, in a statement by his Special Adviser on Media, Olayinka Oyebode, said, “Concerted efforts are being made not only to cushion the effect of the economic situation but to grow the economy in line with the shared prosperity agenda of the administration and the renewed hope agenda of President Bola Tinubu.”
According to Oyebode, the set of programmes under the ERP include: “the payment of one-month salary arrears to state and local government workers totalling over N2.7 billion. With this payment, the government has cleared the salary arrears owed to state government workers and will ensure the arrears owed to local government workers are cleared this year.”
He stated, “The governor also approved an increase of N600m per month in the subvention of autonomous institutions including the Judiciary and all tertiary institutions to allow the institutions to implement the wage award being implemented for state and local government workers.
“The governor also approved the payment of two months pension arrears owed to state and local government workers totalling N1.5b, as well as N100m monthly gratuity payment to state pensioners and an increment of the current N50m monthly gratuity to local government pensioners to N100m.”
He stated that the state government had also committed N1b to improve food production, especially to embark on land preparation, driven by the Ministry of Agriculture and Food Security’s tractorisation subsidy scheme, and an input supply programme to support small-scale farmers.
According to him, the state government is also committing N1.2b it recently got as the first tranche of the World Bank-financed Livestock Productivity and Resilience Support Project to transform the livestock subsector.
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President Xi Mourns Former President Muhammadu Buhari

…say his death is a great loss for Nigeria-China
By Gloria Ikibah
Chinese President Xi Jinping has expressed his condolences to President Bola Tinubu and the Nigerian people following the death of former Nigerian President Muhammadu Buhari.
In a message sent on Wednesday, Xi conveyed “deep condolences” on behalf of the Chinese government and its people, offering heartfelt sympathy to Buhari’s family and the government of Nigeria.
Xi described Buhari as a “respected statesman” who worked tirelessly to strengthen Nigeria’s unity and development.
“He dedicated himself to finding a development path suited to Nigeria’s national conditions and made outstanding contributions to the country’s progress,” Xi said.
According to him, “Buhari earned wide respect across the international community”.
The Chinese leader also praised Buhari’s role in fostering stronger Nigeria-China ties, and noted that the former president was a steadfast friend of China and a firm supporter of China-Africa cooperation.
“His death is not only a great loss for the Nigerian people but also for the Chinese, who considered him a dear friend,” Xi said.
President Xi reaffirmed China’s commitment to its relationship with Nigeria, as he said Beijing is ready to continue working closely with Abuja to advance their comprehensive strategic partnership.
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Crude Oil: Nigeria hits OPEC 1.5Zmb/d production quota

Nigeria’s crude oil production soared a little above 1.5 million barrels per day in June, hitting the required quota by the Organization of the Petroleum Exporting Countries (OPEC).
Data sourced from OPEC’s latest Monthly Market Oil Report (MOMR) for June noted that the country’s oil production hit 1.505mb/d in June 2025 from 1.453mb/d recorded in May 2025.
However, the output was still below the targeted 2.06mbpd projected in the 2025 budget.
According to OPEC’s data, this is the first time the country’s production output would meet the 1.5mb/d cuts quota in years.
Nigeria’s output had hovered at 1.1mb/d in 2023, 1.3mb/d in 2024, and then 1.4mb/d since January 2025.
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, recently said Nigeria was ramping up production with a medium-term goal to hit 2.06 million barrels per day by 2027.
He expressed optimism that oil output would rise to 1.9mbpd in December this year.
“We have started growing. In March, we were producing about 1.56 million barrels per day, and we’re now at 1.63 million, including condensates. By the end of the year, we are hoping to clock 1.9 million barrels daily,” he said.
Ojulari said Nigeria had recorded a 100 per cent availability on major crude oil pipelines in the country.
He noted that for the first time in a long while, the nation enjoyed 100 per cent crude oil pipeline availability throughout June.
According to him, the feat, which was possible through the industry-wide security interventions led by the NNPC, aided the increase in oil production.
However, he called for more investments to boost production, adding that the company had been able to turn the narrative around by consistently meeting its cash-call obligations to Joint Venture operations. With the current state of oil pipelines, experts expect a further rise in oil production in the coming months.
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Just in: 151 police officers in trouble over alleged misconduct

The Nigeria Police Force has began disciplinary proceedings against 151 senior officers over various allegations of misconduct and ethical breaches, in a move to reinforce accountability and professional discipline within its ranks.
The review commenced on Monday, July 14, and will conclude on Friday, July 25, 2025, at the IGP Smart Conference Hall, Force Headquarters, Abuja.
The officers, selected from commands and units nationwide, are appearing before the Force Disciplinary Committee (FDC) over alleged violations ranging from professional misconduct to breaches of internal regulations.
The Force Disciplinary Committee is the police’s internal body responsible for investigating cases involving senior officers from the rank of Assistant Superintendent of Police (ASP) upwards.
It plays a vital role in reviewing accusations, assessing evidence, and recommending appropriate sanctions in accordance with existing police laws and disciplinary frameworks.
Final decisions regarding the officers’ futures will be forwarded to the Police Service Commission.
In a statement issued by the Force Headquarters, Inspector-General of Police, Kayode Adeolu Egbetokun, reaffirmed his administration’s zero-tolerance stance on indiscipline. He emphasised the importance of internal accountability in enhancing public confidence and promoting a more professional police force.
“The Nigeria Police Force will not condone any form of misconduct or ethical breaches. This disciplinary process underlines our commitment to maintaining a culture of integrity and respect for the rule of law,” the IGP stated.
The statement further emphasised that the disciplinary review is part of the force’s ongoing reforms aimed at restoring public trust, enhancing service delivery, and ensuring that police officers uphold the highest standards of conduct.
Olumuyiwa Adejobi, Force Public Relations Officer, who signed the release, said the disciplinary exercise demonstrates the IGP’s resolve to build a disciplined and responsive policing institution. (The Guardian)
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