News
Aarti Steel Leaves Nigeria Amid Economic Turmoil

Aarti Steel Nigeria, a longstanding player in the roofing sheet production market, may be bidding farewell to Nigeria.
The steel plant in Ota, Ogun State, has reportedly struggled with intermittent production for almost a year, making it difficult to meet the funding requirements necessary to sustain its operations.
A source told Premium Times that severe indebtedness caused by foreign exchange losses, unfavourable economic policies, and other factors depressing local pricing mechanisms forced the company to sell its products at a loss. These issues are the primary reasons for the plant’s shutdown.
The source also revealed that two other major steel companies based in Nigeria, along with several Indian steel companies, have expressed interest in purchasing the closed plant. This move aims to revive operations and save thousands of direct and indirect jobs linked to the company’s value chain.
The Chairman of the Galvanized Iron Steel Manufacturers Association (GISMA), a sub-sector of Basic Metal, Iron & Steel, and Fabricated Metals Products under MAN, has expressed disappointment over the proposed sale of Aarti Steel, driven by the economic challenges the company is facing. However, he remains optimistic, noting that Nigeria has committed indigenous companies like KAM HOLDING, which possess the necessary expertise, financial strength, and tenacity to successfully revitalize and turn around such distressed steel plants with relative ease.
News
Rep Salam Congratulates Governor Adeleke On Successful Conduct Of LG Elections

News
10th NASS Committed to Constitutional Reforms – Kalu

…as reps panel reviewed over 150 bills
By Gloria Ikibah
Deputy Speaker of the House of Representatives, Rep. Benjamin Kalu, has reaffirmed the 10th National Assembly’s commitment to delivering a Constitution that reflects the interests and aspirations of Nigerians.
Speaking at the close of a two-day retreat in Ikot Ekpene, Akwa Ibom State, organized by the House Committee on Constitution Review, Kalu commended lawmakers for their dedication. The retreat focused on reviewing bills, incorporating expert input, prioritizing proposals based on national interest, and preparing for zonal public hearings and a harmonization process with the Senate.
As Chairman of the Committee, Kalu stressed the importance of the constitutional review process, urging members to stay resolute in their task. He expressed confidence that their collective efforts would produce a people-centered Constitution.
During the retreat, the committee reviewed, amended, and voted on over 151 bills referred by the House. These bills, grouped into key thematic areas, covered federal structure and power devolution, local government autonomy, fiscal federalism, revenue allocation, and electoral and judicial reforms.
News
Speaker Abbas Urges Alternative Education Funding, Less Reliance on Govt

…advocate PPP, endowment at ZEDA AGM
By Gloria Ikiba
The Speaker House of Representatives, Rep. Tajudeen Abbas, has emphasised the need for diversified funding sources in Nigeria’s education sector to reduce dependence on government allocations.
He highlighted Public-Private Partnerships (PPPs) and endowment funds as viable alternatives to sustain and improve education financing.
Speaker Abbas made this call on Saturday during the 31st and 32nd Annual General Meeting of the Zaria Education Development Association (ZEDA) in Zaria, Kaduna State.
He was also honoured by constituents for his contributions to society.
As Chairman of the combined AGM, Abbas encouraged ZEDA to explore various funding opportunities to support educational development.
The Speaker stated that human capital development remains the cornerstone of our national progress, citing the examples of Japan, Singapore, Switzerland, Taiwan, Luxembourg, Ireland, and Denmark, which have achieved remarkable progress.
He said: “Diversifying funding streams is critical as well. By establishing endowment funds or engaging in public private partnerships, we can reduce our reliance on government funding. Successful models in countries such as Denmark and Ireland have demonstrated that diversified funding can drive long-term, sustainable growth in the education sector”.
“They have done so not by relying solely on natural resources but by investing heavily in education, training, and innovation. Their success is reflected in their high rankings on the Human Development Index and ease of doing business.
“Nigeria, blessed with vast natural resources, must equally prioritise the development of its people to realise its full potential”.
Speaker Tajudeen Abbas underscored Zaria’s long-standing educational legacy, tracing back to the 16th century, as a cornerstone of academic excellence and national development.
Recognized as home to Ahmadu Bello University and several other institutions, he highlighted Zaria’s vital contributions to Nigeria’s intellectual and professional landscape.
“Our collective history compels us to safeguard and expand this legacy for future generations,” said Abbas, who represents Zaria Federal Constituency. He noted that several new educational initiatives he facilitated would significantly enhance learning opportunities in Kaduna State and beyond.
Among these are a Federal College of Education, a College of Health Sciences, a National Open University of Nigeria campus, and a College of Legal Studies. “Once fully operational, these institutions will drive both educational and socio-economic progress within our community,” he stated.
However, Abbas stressed the need to tackle obstacles hindering educational growth, particularly at the primary and secondary levels, and noted challenges such as out-of-school children, support for learners with special needs, and overall education quality as urgent issues requiring attention.
He said: “I commend the proactive measures by Governor Uba Sani’s administration in Kaduna State. The efforts have notably reduced the number of out-of-school children through the construction of over 62 new secondary schools, thereby addressing critical infrastructure deficits.
“Looking ahead, it is imperative that ZEDA continuously evolves to meet emerging challenges. Successful models, such as the United Kingdom Education Development Trust and Singapore’s Agency for Science, Technology and Research, have shown the benefits of embracing digital innovation.
“ZEDA should integrate technology in order to transform how we monitor educational outcomes, facilitate virtual training for teachers, and expand access to learning resources. By doing so, we can connect stakeholders, streamline processes, and enhance transparency.”
In the House of Representatives, the Speaker pointed out that the Legislative Agenda is aligned with these priorities.
He said: “We remain committed to advancing universal basic education, enhancing secondary and technical education, and integrating innovative reforms that address both current and future challenges.”
Speaker Abbas hailed the Grand Patron of ZEDA , His Royal Highness, the Emir of Zazzau, Malam Ahmed Nuhu Bamalli, CFR, LLD, for his “fatherly guidance and unwavering commitment have been a beacon for ZEDA.”
Later, Emir Bamalli thanked the Speaker and other prominent indigenes of Zaria for their developmental strides in the ancient city. The monarch emphasised the importance of ZEDA to Zaria, while seeking more support from stakeholders.
By Gloria Ikiba
The Speaker House of Representatives, Rep. Tajudeen Abbas, has emphasised the need for diversified funding sources in Nigeria’s education sector to reduce dependence on government allocations.
He highlighted Public-Private Partnerships (PPPs) and endowment funds as viable alternatives to sustain and improve education financing.
Speaker Abbas made this call on Saturday during the 31st and 32nd Annual General Meeting of the Zaria Education Development Association (ZEDA) in Zaria, Kaduna State.
He was also honoured by constituents for his contributions to society.
As Chairman of the combined AGM, Abbas encouraged ZEDA to explore various funding opportunities to support educational development.
The Speaker stated that human capital development remains the cornerstone of our national progress, citing the examples of Japan, Singapore, Switzerland, Taiwan, Luxembourg, Ireland, and Denmark, which have achieved remarkable progress.
Speaker Tajudeen Abbas underscored Zaria’s long-standing educational legacy, tracing back to the 16th century, as a cornerstone of academic excellence and national development.
Recognized as home to Ahmadu Bello University and several other institutions, he highlighted Zaria’s vital contributions to Nigeria’s intellectual and professional landscape.
“Our collective history compels us to safeguard and expand this legacy for future generations,” said Abbas, who represents Zaria Federal Constituency. He noted that several new educational initiatives he facilitated would significantly enhance learning opportunities in Kaduna State and beyond.
Among these are a Federal College of Education, a College of Health Sciences, a National Open University of Nigeria campus, and a College of Legal Studies. “Once fully operational, these institutions will drive both educational and socio-economic progress within our community,” he stated.
However, Abbas stressed the need to tackle obstacles hindering educational growth, particularly at the primary and secondary levels, and noted challenges such as out-of-school children, support for learners with special needs, and overall education quality as urgent issues requiring attention.
-
News23 hours ago
No New States as House Committee Rejects 31 Creation Requests – Deputy Speaker
-
News8 hours ago
Book launch: Abacha’s daughter, Gumsu derides Babangida
-
News22 hours ago
OSUN LG POLLS: Gov Adeleke Orders Restriction Of Vehicular Movement
-
News8 hours ago
Social media in awe as former RCCG pastor ties nuptials with male lover
-
News23 hours ago
Police Call for Suspension of Osun LG Elections, As Adeleke announces poll for tomorrow
-
News22 hours ago
NAFDAC Uncovers Loads Of Vaccines For Yellow Fever, Others Hidden Under Staircase In Lagos
-
News8 hours ago
Justice Delayed: The Imperative for Accountability in the Wake of Ibrahim Babangida’s Autobiography
-
News22 hours ago
Canada gives new guidelines For Asylum Seekers Insists Evidence Of insecurity must be proven