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Hardship: Okonjo-Iweala Meets Tinubu, Advocates Social Protection Measures

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The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has urged the Federal Government to establish social safety nets to cushion the impact of President Bola Tinubu’s economic reforms on vulnerable Nigerians.

Okonjo-Iweala stated this on Thursday after a meeting with the president at the Aso Villa in Abuja.

Though she commended the president for the economic reforms including petrol subsidy removal and the unification of the foreign exchange windows, the former Nigerian finance minister said the government must put social safety nets in place for poor Nigerians to cope with the economic hardship occasioned by the government’s reforms.

 

A vendor counts her money as a girl looks on at the Lokoja International Market in Lokoja on October 21, 2024. (Photo by OLYMPIA DE MAISMONT / AFP)

In a chat with newsmen after her meeting with the president, the WTO boss said, “We think that the President and his team has worked hard to stabilised the economy. You cannot really improve an economy unless it is stable. So, he has to be given the credit for the stability of the economy. The reforms have been in the right direction.

“What is needed next is growth; we now need to grow the economy and we need to put in social safety nets so that people who are feeling the pinch of the reforms can also have some supports to weather the hardship. That’s the next step.”

Tinubu, who launched a string of economic reforms when he assumed office in May 2023, has come under heavy criticisms in over two years, as many Nigerians have attributed soaring food inflation and skyrocketing cost of living to majorly his removal of petrol subsidy and the unification of foreign exchange windows.

FILE: People wait to refill their jerrycans and fuel tanks at a fuel station in Lagos on September 4, 2024. (Photo by FAWAZ OYEDEJI / AFP)

Angry citizens have held a number of rallies to protest the hardship faced by the middle class and ordinary citizens in the last two years, the most prominent of them being the hunger protests or #EndBadGovernance demonstrations of August 2024.

 

#EndBadGovernance protesters around Gani Fawehinmi Park on Sunday, August 4, 2024. Credit: Dare Idowu

The Nigerian president’s meeting with Okonjo-Iweala came two weeks before the expiration of her first term as WTO boss on August 31, 2025, and the commencement of her second term on September 1, 2025.

The renowned development economist and global finance expert made history in 2021 as the first African and first woman to lead the 164-nation-member WTO.

The WTO boss, who was in company of Trade Minister Jumoke Oduwole, also briefed the president on the progress made on the Women’s Exporters’ Fund for the digital economy.

Okonjo-Iweala said, “We came to brief him about something very joyful that we did today with the help of the first lady.

“We launched a Women’s Exporters’ Fund for the digital economy. This is a fund that is jointly managed by the World Trade Organisation and the International Trade Centre and support women to weather the storms of the economy and create jobs for themselves.

“It is part of the thinking of social safety net and what we can do to support Nigerian women to contribute more to the economy and to themselves.

“Nigeria competed and one, one of four countries that won globally to be part of this initiative.

“We have 67,000 Nigerian women who applied for this and 146 of them won and they are going to have money disbursed directly to them.

“16 of them won what we called the Booster Track; those who already have businesses but their businesses would be scaled up. They would receive technical and business supports from the WTO and the ITC for 18 months.

“Another 100 would get $5,000 each to start and strengthen their businesses, with 12-month reforms.”

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NDLEA warns public against fake auction offers using officials’ names

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The National Drug Law Enforcement Agency (NDLEA) has warned Nigerians to be wary of fraudsters impersonating its officials to defraud unsuspecting members of the public through fake auction offers for forfeited vehicles.

 

In a statement issued on Friday, the agency’s spokesman, Femi Babafemi, said the scammers have been using the names of senior NDLEA officials, particularly the Secretary to the Agency, Barrister Shadrach Haruna, to circulate fraudulent letters and messages offering cheap forfeited vehicles for sale.

 

Babafemi described the offers as a deliberate scam aimed at swindling people of their money.

“The public is hereby notified that these offers are a complete scam. The Agency wishes to categorically state that these fraudulent offers are a malicious gimmick designed solely to defraud targeted individuals of their hard-earned money,” he said.

 

The agency stressed that no NDLEA official is authorised to privately allocate, sell or offer forfeited vehicles or any other seized assets to individuals.

According to the statement, all forfeited vehicles and assets are disposed of only through public auction processes conducted by government-approved auctioneers in line with legal and public procurement guidelines.

Babafemi added that legitimate auction exercises are always widely advertised in national newspapers and through the agency’s official communication channels.

He urged members of the public to disregard and report any letters, text messages or social media posts claiming to offer forfeited vehicles through Barrister Haruna or any other NDLEA official.

“The NDLEA remains committed to maintaining transparency and integrity in all its operations. Do not fall victim to these criminal elements. If you are approached with such fraudulent offers, please report immediately to the nearest NDLEA command or through our official communication channels,” the statement added.

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Initiators Promise Big As NIGMA Gets August 2026 Date

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The organisers of this year’s Nigeria International Gospel Music Awards ( NIGMA) have announced that the upcoming edition will celebrate the very best of the gospel music industry in an atmosphere of excellence, creativity, and inspiration.

 

The event is scheduled to take place on Sunday, August 9, 2026, at the prestigious Agip Recital Hall, MUSON Centre, Onikan, Lagos.

Speaking at a media briefing in Lagos, Kingsley Omoefe, Founder and Team Lead of NIGMA and Chief Responsibility Officer of Golden Heritage Limited, said the August event is designed to bring together gospel music ministers, industry stakeholders, fans, and supporters for a memorable celebration of talent, faith, and excellence.

He stated that attendees should expect an unforgettable experience featuring outstanding performances from leading gospel artists, alongside special recognitions for individuals and organisations that have made significant contributions to the industry.

The organisers also revealed that the event will feature meaningful conversations designed to inspire participants, promote collaboration, and foster the continued growth of gospel music.

The organisers said the August gathering would create memorable moments that would leave guests inspired, enriched, and motivated long after the curtains close.

They further called on corporate organisations, media outfits, and well-meaning individuals to take advantage of the opportunities available to support the event through sponsorships and strategic partnerships.

The organisers encouraged interested organisations and individuals seeking sponsorship, partnership, media accreditation, or participation to contact the event management for further information and registration ahead of the highly anticipated August programme.

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Nottingham Forest Sacks 5th Manager In 10 Months, To Wrap Up Oliver Glasner’s Deal

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Oliver Glasner is in advanced talks to replace Vitor Pereira as Nottingham Forest head coach, a move which would see the Austrian become the club’s fifth manager in less than a year.

 

Pereira announced his departure from the club in a statement on Wednesday, saying that it came as a “complete surprise to me and without any warning”.

Glasner is a free agent after leaving Crystal Palace — where he won the FA Cup in 2024-25 and then the Community Shield and Conference League the following campaign — and is set to stay in the Premier League.

The 51-year-old confirmed in January that he would leave Palace at the end of the season after two years in charge.

On Thursday, Forest confirmed Pereira’s coaching staff Filipe Almeida, Luis Miguel, Bruno Moura, Marco Knoop and Pedro Lopes had all left the club alongside the head coach.

Pereira, 57, was appointed Forest head coach in February on an 18-month contract which runs until 2027.

The Athletic reported in May Forest had been planning to show their faith in Pereira by handing the head coach a new long-term contract, but those talks were subsequently put on hold.

“Today marks the end of my journey as head coach of Nottingham Forest,” he said in his statement.

“I want to say a sincere thank you to everyone connected with this incredible football club. Although this decision came as a complete surprise to me and without any warning, I fully respect the club’s right to make the decisions it believes are best for its future.

“Naturally, I am disappointed and saddened. I truly believed in what we were building together, and I leave with a sense of pride in everything we achieved over the past months.

“Together, we enjoyed a memorable end to the season. We secured the club’s Premier League status, reached the semi-finals of the Europa League, and created moments that will stay with me forever. Most importantly, I saw a group of players grow in confidence, belief and togetherness.

“I leave Nottingham Forest with no bitterness or resentment—only respect, gratitude and wonderful memories. Football is full of unexpected moments, and while this chapter has ended sooner than I expected, I will always look back on my time here with pride and affection.”

The Portuguese succeeded Sean Dyche and was Forest’s fourth permanent boss of the season following the departures of Nuno Espirito Santo and Ange Postecoglou.

Nuno had led Forest to Europa League qualification the previous season but he departed in September, less than three months after signing a new deal. Postecoglou was appointed his replacement but was dismissed just 39 days later. Dyche took charge of the team in October before his dismissal in February.

Forest were three points above the relegation zone when Pereira was appointed and he subsequently steered his side to Premier League safety with two games of the campaign remaining.

His appointment marked his second managerial spell in the Premier League after guiding Wolverhampton Wanderers to safety during the 2024-25 campaign.

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