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ACN fingered Oil Marketers in Orchestrated Protests Against Mele Kyari

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A civil societies under the aegis of The Amalgamated Civil Society Organizations of Nigeria (ACN) has  vehemently condemn the ongoing smear campaigns targeting the immediate past Group Managing Director of the Nigerian National Petroleum Company Limited (NNPCL), Malam Mele Kolo Kyari. These attacks stem from his principled resistance against monopolistic practices by powerful actors in the oil sector seeking to undermine Nigeria’s economic interests for personal gain.

 

The ACN, a coalition of NGOs advocating for good governance reforms, economic justice, and anti-corruption measures across key sectors including energy, expressed its concern in a joint statement signed by Comrade Wale Adegoke, National Coordinator, and Comrade Musa Abdullahi, General Secretary.

 

According to the group, Malam Kyari’s commitment to transparency and competition during his tenure reportedly clashed with entrenched monopolistic practices. The ACN criticized oil cabals and unnamed entities for allegedly sponsoring protests and misinformation campaigns aimed at destabilizing progress in Nigeria’s energy sector.

The group urged the media and the Nigerian public to carefully scrutinize narratives targeting public servants who are committed to reform. “We reaffirm our commitment to supporting policies that promote transparency, competition, and economic equity,” said Comrade Adegoke.

The group said the recent protests in Nigeria and abroad, allegedly funded by oil merchants, are designed to tarnish Kyari’s legacy and mount pressure on his successor, Mr. Ojulari, to succumb to the control of vested interests. Comrade Musa Abdullahi noted that all patriotic Nigerians must reject these malicious tactics including blackmail, misinformation, and character assassination, and stand firm against forces prioritizing self-enrichment over national progress.

The ACN emphasized that Nigeria’s economy cannot thrive without a level playing field in the oil sector. The current campaigns against Kyari and former NNPCL management reflect a desperate bid to revive monopolistic control, stifle competition, and reverse gains in transparency and efficiency. Under Kyari’s leadership, the NNPCL achieved unprecedented milestones, including refinery revitalization, reduced fuel prices, and international recognition from OPEC, the IMF, and the World Bank.

“These reforms align with President Tinubu’s Renewed Hope Agenda and the Buhari administration’s legacy,” said Comrade Adegoke. “The progress achieved under Kyari’s leadership must not be eroded. We call for accountability and fairness to ensure Nigeria’s energy sector thrives.”

The group warned that the threat of economic sabotage remains real. “For decades, Nigeria’s oil sector has been plagued by greed, incompetence, and lack of competition. The same actors now orchestrating protests in London and Abuja are responsible for sabotaging refineries, promoting fuel import dependency, and obstructing local productivity,” said Comrade Musa Abdullahi. “Kyari’s management broke this cycle, delivering functional refineries and operational stability, achievements these groups seek to erase.”

The statement further emphasized that eternal vigilance is needed to safeguard Nigeria’s oil sector from bad-faith actors. Stakeholders must prioritize national interest over personal gain.

The ACN strongly condemned the so-called protests, describing them as rented crowds deployed to intimidate Kyari’s successor and destabilize the sector. “We stand against tyranny and warn against tolerating these tactics,” said Comrade Adegoke.

The group called on the government and the public to safeguard reforms protecting Nigeria’s refineries and economic sovereignty, investigate and prosecute individuals behind these smear campaigns, and support ethical leadership resisting pressure from monopolistic cartels.

The ACN reaffirmed its commitment to defending Nigeria’s economic interests. Comrade Musa Abdullahi stressed that eternal vigilance is the price of preserving the gains made under Kyari’s tenure. “We stand with leaders who prioritize national progress over private profiteering,” he said.

The group in finality,  condemned the use of unsubstantiated allegations, character attacks, and foreign-sponsored protests targeting Kyari and his former management team. “We condemn these antics in their entirety and call on Nigerians to open their eyes to the truth for democracy and national progress to thrive,” said Comrade Adegoke.

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BINATONE Announces Special One Month Black Friday Deals!

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Global Appliances Nigeria Limited, manufacturers of Binatone products has, announced an exciting Black Friday deals.

 

The company’s Managing Director, Mr Prasun Banerjee, said the offer cut across Its Full Range of Smart Home Appliances.

“Binatone, one of Africa’s most trusted appliance brands for over 52 years, is delighted to announce its Black Friday Mega Sales offering amazing discounts across all key supermarkets and leading electronic stores nationwide” Mr Banerjee said in a statement.

The promotion will be from November 6th to december 6th, 2026.

During this period, Mr Banerjee said customers will have a full month to enjoy unbeatable prices on a wide range of Binatone products.

“From energy solutions to kitchen essentials, Binatone will bring exceptional value and innovation to every Nigerian home this festive season,” he added.

According to him, this year’s Black Friday promotions will feature exciting offers across multiple categories stressing that Shoppers can enjoy great discounts on stand fans equipped with mosquito-repellent and air-freshness features, including the newly introduced AD 1601 AC/DC Fan, which can be linked to a solar panel for clean, free air.

“The rechargeable fan range, available in three models with replaceable lithium-ion batteries, recharges in just four hours and provides up to ten hours of cooling—enough to last the whole night,” Mr Banerjee added.

For kitchen lovers, he said the KC6000 Yam Pounder/Fufu Maker promises quick, hygienic, and effortless meal preparation while the air-fryer series, available in three models, requires just a teaspoon of oil to make crispy, tasty, and healthy fries.

“Binatone’s cool-touch kettles, models CEJ 1799 and CEJ 1700T, come with elegant digital displays and are designed for safety and convenience, he added.

To protect valuable home appliances, he disclosed that Binatone’s power range offers stabilizers in 2 KVA and 5 KVA capacities and surge-voltage protectors in 13 A30 A ratings—ideal for air conditioners.

“The company’s newly launched Power Stations, available in 1.8 KVA and 2.4 KVA variants, provide portable, plug-and-play power with solar-charging capability, ensuring reliable backup power for homes, small offices, and outdoor use”

He disclosed that customers will also find irresistible discounts on Binatone’s dry and steam irons, garment steamers, and microwave ovens thar are perfect for everyday household needs.

“The breakfast-essentials range features pop-up toasters, sandwich makers, and juicers designed to make mornings easier,” he stated. He announced that the high-powered blender collection includes durable, unbreakable jugs capable of smoothly blending hard nuts and beans.

“Additionally, Binatone has introduced the Tefal Cookware Range, offering premium non-stick pots and pans for healthy cooking, along with Freeplay solar-powered lanterns and torches, ensuring every home remains bright and energy-efficient

“Binatone’s Black Friday celebration is our way of thanking loyal customers for their trust over the years,” Mr Banerjee added.

“We are bringing quality, affordability, and innovation together, thus making this season the perfect time to upgrade your home.

”All Binatone products comes with a two-year warranty, giving customers additional peace of mind and assurance of lasting quality.

“Don’t miss these amazing Black Friday offers, available for a limited time at all major supermarkets, electronic stores, and online platforms across,” he stated.

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Wema Bank’s Top 21 Hackaholics 7.0 Grand Finale Finalists Emerge

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Wema Bank, Nigeria’s oldest indigenous bank and pioneer of Africa’s first fully digital bank, has unveiled the Top 21 finalists for Hackaholics 7.0, who will compete at the grand finale scheduled for Friday, November 6, 2026, in Lagos. Themed Festival of the Future, the grand finale will bring together innovators, technology leaders, startup founders, investors and key players in Nigeria’s innovation ecosystem for an immersive celebration of ideas, technology and the possibilities shaping the future.

 

The Top 21 finalists are: Dynalimb, Harthiq, Acceede, Vhorde, URI, Trarrk, SocialSign, RaverPay, All-Arbitrates, CitizensGage, Craft-Planet, FOID, PayByPalm, Niteonn, Nexa-AI, Neural-Forge, MamaAlert, JolliFlow, Becca, CropiQ and Middleman.

Hackaholics is Wema Bank’s youth and start-up-focused initiative, designed to provide young innovators with a platform to transform creative, technology-driven ideas into practical solutions to real-world challenges and gain a competitive edge in the global technology and digital space. Since its launch in 2019, the initiative has recorded over 21,000 applicants, engaged more than 50,000 participants, supported over 10,000 startups across three countries and developed more than 100 solutions from scratch.

The 7th edition, which commenced on July 1, 2026, attracted 5,329 participants and generated 1,632 innovative ideas and solutions across seven pitch-centre locations: Uyo, Kano, YabaTech, Benin, Ibadan, Enugu and Lagos. Following the nationwide tour, 59 participants emerged from the various centres, with the Top 21 selected through a rigorous, multi-stage evaluation process.

The Hackaholics 7.0 grand finale week will feature a three-day programme of strategic engagement and innovation-focused activities. On Wednesday, November 4, the finalists will participate in the Pre-Pitch, where they will present refined versions of their solutions. This will be followed by the Ecosystem Tour on Thursday, November 5, powered by Wema Bank, offering participants the opportunity to visit leading institutions within the technology and innovation ecosystem, interact with industry professionals and gain practical insights ahead of the final competition. The programme will culminate in the grand finale on Friday, November 6, where outstanding innovators will be recognised and celebrated.

Through Hackaholics, Wema Bank continues to demonstrate its commitment to advancing Nigeria’s innovation ecosystem by identifying emerging talent, creating opportunities for young innovators and supporting the development of solutions to real-world challenges. The initiative reinforces the Bank’s role in empowering the next generation of innovators and building an ecosystem where ideas can thrive and possibilities become reality.

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Sanusi Warns FG Against Spending Without Restraint

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Emir of Kano, Alhaji Muhammadu Sanusi II, has implied that the Federal government may not be able to achieve it’s economic reform dream if it maintains it’s present expenditure rate, declaring that Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

 

Speaking virtually to the audience at the Oxford Global Think Tank Leadership Conference, organised by the Oxford Global Think Tank, on Tuesday, the monarch said reform must go beyond removing fuel subsidies and liberalising the exchange rate, describing it as a comprehensive package that needed to address many other areas.

He said government needed to make clear spending priorities, choosing between roads, electricity, agriculture, and technology based on available resources.

The Emir also raised concerns about the size of government expenditure, saying Nigeria could not pursue fiscal consolidation while continuing to spend without restraint.

He said the World Bank had pointed out that in the first half of this year Nigeria’s debt service consumed 124 per cent of federal government revenue.

Sanusi warned that the country needed to urgently address the sustainability of its debt and pursue structural reforms that had not yet been made.

The former CBN boss said every $10 billion spent on roads was $10 billion taken away from electricity and agriculture, stressing the need for deliberate choices.

Sanusi acknowledged that Tinubu’s economic reforms had produced measurable progress, citing improvements in GDP growth, inflation, and foreign reserves.

He said GDP growth has risen from an average of 0.9 per cent under the previous administration to 4.5 per cent, describing the change as progress that deserved recognition.

“I think moving from an average growth rate of 0.9 per cent to 4.5 per cent is progress. Moving from inflation of over 30 per cent to 14.5 per cent is progress.”

“Moving from the point where in 2023 the central bank’s reserves were maybe negative to where we are now having reserves of $55 billion is progress.”

He, however, stressed that issues such as poverty, hunger, maternal mortality, malnutrition, education and healthcare remained serious concerns that the reforms has not yet addressed.

Sanusi said the government should have designed social safety net policies to soften the impact of reforms on vulnerable Nigerians from the beginning.

The former CBN boss also advised the government to tolerate constructive criticism,warning the Federal Government against treating every comment about it’s workings as an attack on President Bola Tinubu.

“It’s not every time people talk about poverty or talk about difficulty that they’re just enemies of the government or making an attack on the president. That is not how to respond to economic distress,” he said.

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