FG Denies Paying Ransom For Niger State Schoolchildren, Calls Reports False

The Federal Government has rejected claims that it paid ransom to secure the release of schoolchildren abducted from St. Mary’s Boarding School in Niger State. In a statement on Tuesday, signed by the Minister of Information and National Orientation, Mohammed Idris, the government described the allegations as “completely false and baseless,” warning that such reports undermine the professionalism and sacrifices of Nigeria’s security personnel. The statement addressed reports circulating via international wire services, which alleged that the government paid a large ransom and released militant commanders to secure the children’s freedom. It firmly denied the claims, saying no ransom was paid and no militants were released. “These allegations constitute a disservice to the professionalism and integrity of Nigeria’s security forces and the sacrifices they make daily,” the statement said. “While we respect press freedom, narratives based on unnamed sources that aim to discredit a sovereign government are rejected outright.” The government noted that the reports relied entirely on anonymous “intelligence sources” and individuals “familiar with the talks,” contradicting official denials from the Office of the National Security Adviser (ONSA), the Department of State Services (DSS), and the National Assembly leadership. The statement also highlighted inconsistencies in the reports, including the claim that ransom was delivered by helicopter to insurgents and confirmed across borders, which the DSS dismissed as “fake and laughable.” It emphasized that the safe rescue of the pupils, with no casualties, was the result of professional intelligence operations and careful planning, not ransom payments. The government called on media outlets to verify information before publication to avoid encouraging criminal activity or undermining troop morale. “Nigeria is confronting a structured, profit-driven criminal enterprise, and the Federal Government remains fully committed to security,” the statement concluded.

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I’m Broke, DSS And Police Should Pay Me ₦30 Million And Return My Property — Sowore

Human rights activist and former presidential candidate, Omoyele Sowore, has accused the Nigeria Police Force and the Department of State Services (DSS) of failing to pay court-ordered damages owed to him, leaving him in financial distress. In a recent press interview, Sowore said the agencies are “culpable and liable” to pay him ₦30 million in judgment debts, but they have yet to release the funds. He described the situation as a major strain, adding that he is currently “broke” and urgently needs the money. He also revealed that the DSS owes him over ₦2.5 million from a separate judgment issued in 2021 or 2022, and still retains three of his mobile phones along with ₦10,000 that were seized in 2019. Additionally, Sowore said the DSS has blocked his GTBank account since 2019, even after dropping the treason case previously filed against him, leaving about $100 inaccessible. “When they pay, part of the money will go into activism, but I will also give some to charity,” he said. Sowore plans to support residents of Oworonshoki whose homes were threatened with demolition during his period of being declared wanted, as well as distribute scholarships through his foundation to disadvantaged youths. Sowore stressed that enforcement of court judgments is critical to curbing abuses by security agencies. “The police is notorious for not paying judgment debts. If they knew that whenever they abuse people’s rights and a court orders them to pay, it would hold them accountable, it would help curb recklessness and impunity,” he said. He emphasized that while court rulings are important, true justice requires that judgments be implemented. “The judiciary must work in our lifetime. But the judiciary is not just to give judgment. It must enforce its judgments,” Sowore added.

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Suspected Thugs Attack Peter Obi, Odigie-Oyegun During ADC Event In Edo

Peter Obi, the 2023 presidential candidate of the Labour Party, was reportedly attacked alongside former National Chairman of the All Progressives Congress, Chief John Odigie-Oyegun, and other leaders of the African Democratic Congress in Edo State on Tuesday. The allegation was made public by Dr. Yunusa Tanko, former spokesperson for Obi’s campaign and National Coordinator of the Obidient Movement Worldwide, in a statement issued in Abuja. Tanko claimed the incident occurred in Benin City during events marking the official declaration of Olumide Akpata into the ADC. According to him, armed men allegedly trailed the delegation from the party’s secretariat to the residence of Chief Odigie-Oyegun. He stated that the attackers opened fire at the gate and vandalized several vehicles parked within the premises, describing the development as a possible assassination attempt. “Peter Obi and the leadership of the ADC are under siege and attack in Benin, Edo State. At the formal declaration of Olumide Akpata into the African Democratic Congress, armed individuals followed us from the ADC Secretariat to the residence of Chief John Odigie-Oyegun. “They shot at the gate and destroyed several vehicles in what appears to be a survived assassination attempt on our lives. Democracy is in danger.” Photos and video footage shared afterward showed bullet marks on the gate and shattered windscreens of multiple SUVs. The alleged attack has sparked fresh concerns about escalating political tensions in the state.

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Tunji Disu Appointed As Nigeria’s 23rd Inspector‑General Of Police

Olatunji “Tunji” Disu has been named Nigeria’s 23rd Inspector‑General of Police (IGP), succeeding Kayode Egbetokun following a directive from President Bola Tinubu on Tuesday, February 23, 2026. Disu is a seasoned police officer with over 30 years of service in the Nigeria Police Force. Born on April 13, 1966, in Lagos Island, Lagos State, he joined the force on May 18, 1992, and has steadily risen through the ranks over the decades. He holds a degree in English Education from Lagos State University (LASU) and master’s degrees in Public Administration as well as Criminology, Security, and Legal Psychology. Over the years, Disu has also attended numerous professional courses both locally and internationally, including training in small arms smuggling, internet fraud, strategic leadership, and forensic investigations. Throughout his career, Disu has held several key operational and leadership roles. He was Commander of the Rapid Response Squad (RRS) in Lagos, leading major crime-fighting operations, and later served as Head of the Intelligence Response Team (IRT), stepping in after the suspension of Abba Kyari. He has also served as Commissioner of Police in Rivers State and in the Federal Capital Territory (FCT), Abuja, where he oversaw law enforcement and public safety. Most recently, as Assistant Inspector-General of Police in charge of the Force Criminal Investigation Department (FCID) Annex in Alagbon, Lagos, Disu strengthened investigative processes and promoted professionalism across the department. With his extensive experience in both operational leadership and strategic management, IGP Disu is expected to steer the Nigeria Police Force toward enhanced public safety, improved investigative capacity, and more effective crime prevention nationwide.

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CBN Lowers Interest Rate To 26.5% To Support Businesses And Ease Cost Of Living

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has lowered the country’s benchmark interest rate, the Monetary Policy Rate (MPR), from 27 percent to 26.5 percent in a move aimed at reducing financial pressures on households and businesses. Announcing the decision on Tuesday after the committee’s 304th meeting, CBN Governor Olayemi Cardoso described the rate cut as part of a shift toward more accommodative lending conditions, following months of aggressive interest rate hikes. The 50 basis-point reduction is intended to make borrowing more accessible while maintaining control over economic stability. The MPC cited progress in tackling the high cost of living and noted that previous strict policies are beginning to take effect. Improved stability of the naira in the foreign exchange market was also highlighted as a factor influencing the decision. “The Committee’s decision was based on a balanced evaluation of risks to the outlook, which suggests that the ongoing disinflation path will continue,” Cardoso said. Other regulatory measures remain unchanged to safeguard the banking sector. The Cash Reserve Requirement (CRR) stays at 45 percent for commercial banks and 16 percent for merchant banks. Meanwhile, the Standing Facility Corridor, which sets the borrowing and lending range for banks at the CBN, has been adjusted to +50 to -450 basis points around the new MPR of 26.5 percent. Cardoso further revealed that 20 banks have met the CBN’s recapitalisation requirements, praising the sector’s resilience. The CBN emphasized that the rate cut seeks to balance price stability with business growth, enabling companies to access loans more affordably while curbing rapid inflation. The central bank expressed optimism that as long as food supply continues and the exchange rate remains stable, Nigeria’s economy will maintain its recovery trajectory.

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Bayelsa Chief of Staff Peter Akpe Becomes State’s New Deputy Governor

Governor Douye Diri has nominated Pastor (Hon.) Peter Pereotubo Akpe, who currently serves as his Chief of Staff, as the new Deputy Governor of Bayelsa State. The Bayelsa State House of Assembly confirmed the nomination on Tuesday, ending weeks of speculation over who would succeed the late Deputy Governor, Lawrence Ewhrudjakpo, who passed away on 11 December 2025. Before his appointment as Chief of Staff at Government House, Akpe was the Majority Leader of the State House of Assembly. He hails from Ebedebiri in Sagbama Local Government Area — the same local government as the late Ewhrudjakpo.

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POLICE WELFARE: IGP TO DECORATE PROMOTED NATIONAL AWARD RECIPIENTS – As Police Service Commission Conveys Approval

Tinubu Sacks IGP Kayode Egbetokun

President Bola Ahmed Tinubu has reportedly relieved Inspector-General of Police Kayode Egbetokun of his duties in what is being described as a significant reshuffle within Nigeria’s security hierarchy. According to Premium Times, sources revealed that Egbetokun was directed to step aside during a meeting with the President at the Presidential Villa in Abuja on Monday. He is said to be set for replacement by Assistant Inspector-General of Police Tunji Disu, with plans already in motion for an official handover ceremony. While no formal statement has been released as of the time of this report, insiders within the Presidency and the Nigeria Police Force indicate that modalities for the transition are being concluded. Egbetokun was appointed as the 22nd Inspector-General of Police by President Tinubu on June 19, 2023, and his appointment was subsequently ratified by the Nigeria Police Council on October 31, 2023. His exit is anticipated to usher in notable adjustments within the top ranks of the police leadership.

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AGF Withdraws Criminal Charges Against Mike Ozekhome

The Office of the Attorney General of the Federation has discontinued the criminal proceedings instituted against Mike Ozekhome (SAN) by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). At the Federal Capital Territory High Court sitting in Maitama on Tuesday, the Director of Public Prosecution of the Federation, Rotimi Oyedepo (SAN), informed the court that the Attorney General of the Federation intends to comprehensively review the matter before determining the appropriate course of action. After the application was moved — and with no objection from the defence team led by Paul Erokoro (SAN) — Justice Peter Kekemeke struck out the three-count charge bordering on alleged forgery and other offences. Earlier, on January 29, Oyedepo had notified the court that the AGF had decided to assume control of the prosecution from the ICPC. He explained that the decision was made pursuant to the constitutional powers vested in the AGF under Section 174 of the 1999 Constitution, in collaboration with the anti-graft agency. According to him, the move was aimed at ensuring the case is handled with the highest level of professionalism, diligence, efficiency, and strict adherence to due process. He added that public interest considerations — including the need to promote fairness, competence, and public confidence in the justice system — also guided the decision. Oyedepo further stated that inter-agency cooperation in the anti-corruption fight was taken into account in the takeover. He assured the court that the defendant’s rights would be fully safeguarded and that no party would be prejudiced. He subsequently urged the court to formally recognise the AGF’s takeover of the matter and requested an adjournment to allow his office retrieve the case file from the ICPC, conduct a thorough review, and determine the next line of action.

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