Political Economist

Political Economist - PenCom approves pension fund investment in Dangote Refinery public offer https://www.politicaleconomistng.com/209911-2
National Pension Commission (PenCom) has granted regulatory forbearance to Pension Fund Administrators (PFAs) to invest pension fund assets in the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals FZE. The approval is contained in a circular issued by the commission and addressed to all licensed pension fund operators. The circular was signed by the Director of Surveillance Department at PenCom, Abdulrahman Saleem.

Political Economist - Atiku Submits Presidential Nomination Forms, Declares Ambition a “National Movement” for Nigeria’s Renewal https://www.politicaleconomistng.com/atiku-abubakar-submits-presidential-nomination-forms-declares-ambition-national-movement-nigerias-renewal
Former Vice President Atiku Abubakar says his presidential ambition on the African Democratic Congress (ADC) platform represents a movement. This is contained in a statement obtained from his verified X handle on Thursday in Abuja, following the submission of his nomination and expression of interest forms. Abubakar said with the submission of the forms, his march to restoring prosperity and better days to Nigeria had taken a firm and decisive step forward.

“The march to restore prosperity and better days to our beloved nation took a firm and decisive step forward today.

“This is more than a political journey; it is a national movement rooted in hope, renewal and the collective resolve to save Nigeria from despair.

“I call on all Nigerians, regardless of region, faith or background, to join us in this noble cause.

“Together, we will restore the promise of our nation and bring good times back again,” he said.

Political Economist - Man Remanded For Allegedly Defiling Teenager https://www.politicaleconomistng.com/209926-2
The Children Sexual and Gender-based Violence Offences Court in Awka, on Thursday remanded a 39-year-old bricklayer, at the correctional centre over alleged defilement of a 17-year-old girl. The defendant, Friday Tunde is standing trial on a one-count charge of defilement. He, however, pleaded not guilty to the charge.

Political Economist - IFC plans investment mission to Nigeria https://www.politicaleconomistng.com/209922-2
The International Finance Corporation (IFC) has announced an immediate mission to Nigeria, targeting investment structures that can unlock private capital for strategic sectors. Managing Director, Diop Makhtar, disclosed the plan on Thursday during talks with President Bola Tinubu at the Africa CEO Forum. The high level engagement took place in Kigali, Rwanda, where economic cooperation and continental investment priorities dominated discussions.

Political Economist - FG, Stakeholders Unveil Strategic Report to Combat Illicit Financial Flows in Nigeria https://www.politicaleconomistng.com/209912-2
The Africa Network for Environment and Economic Justice (ANEEJ), in collaboration with government agencies, has unveiled a report assessing Nigeria’s legal and institutional framework for tackling illicit financial flows. The Executive Director of ANEEJ, Mr. David Ugolor, said this at the public presentation and validation of a research report on the assessment of Nigeria’s legal and institutional framework for addressing illicit financial flows (IFFs), on Thursday in Abuja.

Political Economist - Judiciary Essential to Safeguarding Nigeria’s Telecom Infrastructure and Digital Economy – NCC https://www.politicaleconomistng.com/209910-2
The Nigerian Communications Commission (NCC) has identified the judiciary as a foundational pillar in protecting the nation’s digital economy and critical telecommunications infrastructure against a rising tide of cyber threats and physical sabotage. Speaking at the 2026 Workshop for Judges on Legal Issues in Telecommunications in Lagos on Thursday, NCC Executive Vice Chairman Aminu Maida emphasized that as Nigeria's dependence on digital services hits record highs, the legal system must be equipped to handle the evolving regulatory and security landscape. He said Nigeria’s digital economy is scaling up quickly, with growth in digital payments, e-commerce, startups, and tech-driven literacy programmes helping to deepen economic inclusion and widen access to digital services.

Political Economist - FG to unveil new cotton, textile policy by July – Enoh https://www.politicaleconomistng.com/fg-unveil-new-cotton-textile-policy-july-enoh
The Federal Government says it will unveil a new strategic policy framework for Nigeria’s cotton, textile and garment (CTG) sector between June and July as part of efforts to revive the industry. Minister of State for Industry, Sen. John Enoh, disclosed this on Thursday in Abuja at the CTG Value Chain Activation Pilot Milestone Event.

Political Economist - HYPREP remediates 17 Ogoni sites, seeks broader support https://www.politicaleconomistng.com/209897-2
The Hydrocarbon Pollution Remediation Project (HYPREP), says 17 contaminated sites in Ogoni land, Niger Delta region have been fully remediated, as efforts to restore the environment under the HYPREP progress. Prof. Nenibarini Zabbey, Project Coordinator, HYPREP, disclosed this on Thursday in Abuja at a news conference ahead of its high-level donor and diplomatic engagement on environmental restoration in the Ogoni land.

Political Economist - Lagos disbursed N1.9bn loans, grants to 4,000 MSMEs in 2025 – Commissioner https://www.politicaleconomistng.com/209895-2
The Lagos State Government says it disbursed about N1.9 billion in loans and grants to Micro, Small and Medium Enterprises (MSMEs) across the state in 2025. The Commissioner for Wealth Creation and Employment, Mr. Akinyemi Ajigbotafe, disclosed this on Thursday during the 2026 Ministerial Press Briefing at Alausa, Ikeja. #2025

Political Economist - 30 vessels to arrive Lagos ports with petroleum products, food, others – NPA https://www.politicaleconomistng.com/209894-2
The Nigerian Ports Authority (NPA) says 30 ships with petroleum products, food items and other goods are expected in Lagos on Thursday. The NPA in its Daily Shipping Position said the vessels are expected at Apapa, Lekki Deep Sea Port and Tincan Island port from May 14 to May 28. It said that eight of the expected ships contained containers of different goods. #22

Political Economist - Illegal dredging worsening pressure on housing – Lagos govt. https://www.politicaleconomistng.com/209887-2
The Lagos State Government has completed over 50km of channelisation works across major ferry routes. It has also begun installation of modern floating pontoons in an effort to boost water transport infrastructure development. The state Commissioner for Waterfront Infrastructure Development, Mr.