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Sanwo-Olu Commits To Creating Tangible Economic Growth

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…as Aig-Imoukhuede hail ‘Move Afrika’ for impactful cultural, economic transformation
By Gloria Ikibah
The Governor of Lagos State, Babajide Sanwo-Olu, had reaffirmed the state’s commitment to initiatives that create tangible economic opportunities.
Sanwo-Olu who was represented by the
Secretary to the State Government, Abimbola Salu-Hundeyin stated this at the first pan-African touring circuit headlined by international artistes, organised by Global Citizen’s Move Afrika initiative in in Lagos.
Naijablitznews.com reports that this is the first pan-African touring circuit headlined by international artistes, it more than a celebration of music and serves as a catalyst for sustainable economic investment and job creation across the continent.
Sanwo-Olu said: “Move Afrika is a movement that aligns perfectly with the vision for Lagos. Hosting a global star like John Legend, whose music transcends time and whose commitment to social justice is profound, is a privilege. His presence here today is a reminder that art and activism are deeply connected. This gathering aims to inspire us all to be active global citizens—raising our voices and taking the necessary actions to ensure that economic opportunities reach every community.”

Emphasising his shared vision with Global Citizen, Chairman of Coronation Group and Access Holdings, Aigboje Aig-Imoukhuede stated: “Africa’s creative economy is a powerful engine for sustainable growth. Our strategic partnership with Global Citizen, which began in 2019, is built on a shared commitment to real economic opportunities, long-term investment, and wealth creation. Move Afrika exemplifies how bridging global influence with African talent can unlock immense potential and create a lasting impact across communities on the continent.”

The tour, which made a historic stop in Lagos this week, attracted an esteemed audience of industry leaders, senior government officials, philanthropists, and key figures from the creative sector.

Employees from Coronation Group and Access Holdings experienced the vibrant energy and impact of Move Afrika firsthand, underscoring the synergy between art and economic empowerment, further highlighting the commitment of both organisations to fostering innovation and global engagement within their workforce.

The electrifying evening at The Palms, Lekki, featured a dynamic performance by award-winning artiste John Legend, who honoured Nigeria’s fashion industry by donning outfits crafted by talented local designers—further highlighting the country’s rich creative talent on a global stage.

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Nigerian superstar Simi also delivered an extraordinary performance, alongside DJ Consequence, ensuring an unforgettable night that seamlessly blended global excellence with African ingenuity.

Notable figures from the entertainment and creative industries were also in attendance, including Ronami Ogulu, a renowned creative director; media personality and actor Uti Nwachukwu; Afrobeat musician Made Kuti and his wife, Inedoye Adanne Kuti; and celebrated-actor Wole Ojo.

The concert was graced by Hugh Evans, Co-Founder and CEO, Global Citizen; members of the Global Citizen Africa Board, including Aigboje Aig-Imoukhuede CFR, Chairman of Coronation Group and Access Holdings; and Tunde Folawiyo, Chair of the Global Citizen Africa Board and Chairman of Coronation Merchant Bank, alongside other distinguished personalities.

As Global Citizen continues to expand its footprint across the continent, Coronation remains committed to empowering industries, fostering innovation, and crafting wealth that transcends generations.

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Naira Nosedives Against Dollar

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By Kayode Sanni-Arewa

On Monday The Naira depreciated to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to N1,629 per dollar from N1,600 per dollar last week Friday, indicating N29 depreciation for the naira.

Likewise, the naira depreciated to N1, 570 per dollar in the parallel market from N1,565 per dollar last weekend. Consequently, the margin between the parallel market and NFEM rate widened to N59 per dollar from N35 per dollar last weekend.

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2Baba’s Lover Natasha Osawaru Fired As Edo Assembly Minority Leader

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By Kayode Sanni-Arewa

Natasha Osawaru, the lover of singer 2Face Idibia, has been removed as the minority leader of the Edo state house of assembly.

Osawaru is a member of the Peoples Democratic Party (PDP) and was a lawmaker representing the Egor constituency.

Her removal follows a shift in the party’s majority status after four PDP lawmakers defected to the All Progressives Congress (APC), giving the latter majority control.

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The lawmaker was removed alongside Charity Aiguobarueghian, the former majority leader and Yekini Idaiye, who served as chief whip of the house.

Blessing Agbebaku and Maria Edeko, who are also members of the PDP, however, retained their positions as the speaker and the deputy speaker respectively

The development followed a letter from Jarret Tenebe, acting chairman of the APC in Edo state, notifying the assembly of the party’s new majority status.

In response, the speaker announced the appointment of APC members, including Ibhamawu Aigbokhan from Esan west as majority leader, Addeh Isibor from Esan north-east I as deputy leader and Lecky Hussein Mustapha from Etsako west I as chief whip.

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Agbebaku said PDP leadership in the state would submit a list of nominees for the remaining principal offices. He added that his position as speaker and that of the deputy speaker may be reviewed.

Natasha has been in the spotlight since 2Baba announced his split from Annie Idibia in January and confirmed his relationship with her a few days later.They are both engaged at the moment.

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DHQ: Military operation rescued ex-NYSC DG, no ransom paid

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The Defence Headquarters has dismissed claims that senior military officers contributed money to secure the release of a former Director General of the National Youth Service Corps, Brigadier General Maharazu Tsiga (retd).

The DHQ insisted that his freedom was achieved through sustained military operations and intelligence efforts.

Tsiga was abducted on February 6, 2025, in Tsiga, the Kafur District of Bakori Local Government Area, Katsina State.

A trending WhatsApp message by Brigadier General Ismaila Abdullahi claimed that some retired and serving military officers contributed money to pay the ransom demanded by Tsiga’s abductors.

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The message further stated that the funds were paid into his account which was provided by Tsiga’s son, Kamal and thanked everyone who contributed.

However, in a statement issued on Monday, the Director of Defence Information, Brigadier General Tukur Gusau, described the claims by Abdullahi as “misleading” and “a calculated attempt to undermine the military’s dedicated efforts” to combat terrorism and rescue abducted citizens.

Gusau said troops of 17 Brigade responded within hours and launched a series of search-and-rescue operations under Operation Fansan Yamma, in conjunction with air components.

According to him, troops combed several hideouts across Katsina and Zamfara states, including Jeka, Areda, Zango, Ruwan Lafiya, Mununu, and Pauwa Hills.

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He added that though no direct contact was made with the abductors initially, the operations led to the abandonment of rustled animals and captives by fleeing terrorists.

Gusau said, “It is important to note that the unfortunate abduction of the former DG of NYSC occurred in the wee hours of 6 February 2025, in Tsiga, Kafur District of Bakori Local Government Area in Katsina State.

” Immediately, troops of 17 Brigade were alerted; they responded to the situation around 0300 hours the same day and, in a commendable show of professionalism, swiftly went on pursuit in conjunction with the Air Component of Operation Fansan Yamma.

“These combined efforts led to troops combing the assailants’/bandits’ hideouts within Jeka, Areda, and Zango, all in Kankara Local Government Area, in search of the former DG. The operation extended to Ruwan Lafiya, Mununu, Matallawa and Bakkai in Faskari Local Government Area.

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“Although no direct contact was made with the abductors, the troops successfully pressured the criminals, who abandoned rustled animals and some captives in their hasty retreat.

“The troops nevertheless sustained the pursuit of the terrorists with unwavering determination, despite facing difficulties due to challenging terrain.”
Gusau said intelligence-led air raids on Dunya Hill—a known stronghold of terrorists—disrupted the kidnappers and enabled the escape of several captives.

He noted that while Tsiga was unable to flee due to health complications, another captive, Barau Garba, a local teacher, was rescued and reunited with his family.

He further disclosed that 84 kidnapped victims were freed in a separate assault on Pauwa Hills and surrounding areas, with several bandits neutralised and three soldiers sustaining injuries.

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He said, “On February 8, leveraging credible intelligence, troops intensified their manhunt for the abductors and conducted dawn attacks at Yankuzo and Gidan Dankaka in Tsafe Local Government Area of Zamfara State where terrorist kingpin Ado Aliero hibernates. More so, intelligence confirmed that he had links with the abductors. Unfortunately, the operations did not result in locating the terrorists.

“However, subsequent air operations at Dunya Hill, a suspected bandit stronghold where General Tsiga was held, disrupted the terrorists, leading to the escape of several captives. Regrettably, the former DG was unable to escape due to health concerns. One of the captives, Barau Garba, a teacher at Government Secondary School in Tsiga and who was with General Tsiga, was rescued by troops, and he shared his experience via the attached video.

“Barau has since been reunited with his family in Tsiga town. In another instance, troops assaulted Pauwa Hills and Matallawa area of Kankara Local Government Area in search of Brigadier General Tsiga.

“However, they were only able to rescue 84 kidnapped victims from the area without locating him. In the process, several terrorists/bandits were neutralised, while three personnel sustained gunshot wounds.

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“Since Brigadier General Tsiga’s abduction on 7 February 2025, troops have remained relentless in their pursuit, conducting both air and ground operations within Danmusa, Kankara and Faskari Local Government Areas, where he was supposedly held captive at different times, and these operations kept pressure on the abductors.

“It is thus only fair to recognise the significant sacrifices made by these troops who have worked day and night, often at great risk to their own lives in their search of the senior officer. The disparaging online is, therefore, nothing but presumably an act of mischief which is calculated at undermining the dedicated efforts of a military effort to eradicate terrorists/bandits and other criminal elements from the North West region.’

DHQ emphasised that a mix of kinetic and non-kinetic strategies facilitated the release of the senior officer, reiterating that no ransom was paid.

He said, “It is noteworthy to add that the military operations comprising both kinetic and non-kinetic strategies facilitated the rescue of General Tsiga as his life is invaluable and anything that needed to be done to ensure he was safe was adopted in ensuring a successful search and rescue effort.

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“Troops will continue to support all efforts in ensuring peace and security across the country. The general public is therefore encouraged to continue supporting troops by providing credible intelligence to assist in this regard.”

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