General News
LABOUR PARTY OFFICES INVASION: NLC’S ACTION IRRESPONSIBLE – LP
The Labour Party has expressed concerns over an alleged planned invasion of its national secretariat by the Nigeria Labour Congress (NLC), in collaboration with the Nenadi Usman-led National Caretaker Committee and the National Transition Committee. This move, reportedly funded by the Abia State government and a prominent party leader, is set to begin on April 7, 2025.
In a statement, Alhaji Umar Farouk Ibrahim, National Secretary of the Labour Party, described the action as “irresponsible and an evidence of desperation on the NLC.” Ibrahim emphasized that the NLC’s laws prohibit partisan politics, yet they have consistently mobilized miscreants to desecrate the party’s national headquarters and vandalize its properties.
The Labour Party cited a recent Supreme Court judgment, delivered on April 5, 2025, which mandates political parties to resolve internal crises using their mechanisms. The judgment also underscores that leadership issues are internal affairs of the parties. Ibrahim noted that there is no provision in the judgment allowing the NLC or any other body to take over the party’s leadership.
“We view this action as capable of breaching the peace of the Federal Capital Territory,” Ibrahim said. “Any attempt to forcefully usurp the present leadership will be resisted.” The party’s national chairman, Barrister Julius Abure, was validly elected at a convention held in March 2024 and remains in office.
Ibrahim called on security agencies, including the Police and the DSS, to prevent any activities that could breach the peace in the FCT and to apprehend those behind the planned invasion. “We are by this statement calling on the attention of the security agencies… to ensure that any activity that is capable of breaching the peace of the FCT must be nipped in the bud,” he stated. Ibrahim reiterated that the masterminds of this plot, regardless of their stature, must face the full wrath of the law.
General News
Global Oil Prices Rise on Strait Disruptions, as Iran Rejects U.S. Dialogue, Supply Risks Persist
Global oil prices climbed sharply on Tuesday as ongoing supply disruptions in the Middle East and renewed geopolitical tensions between Iran and the United States rattled energy markets.
Benchmark crude prices rose above the $100 per barrel mark, with Brent crude gaining nearly $2 and U.S. West Texas Intermediate also posting significant increases. The surge comes amid persistent concerns over disrupted supply routes, particularly through the strategic Strait of Hormuz; a critical chokepoint that handles roughly 20% of global oil shipments.
Tensions escalated further after Iran denied claims by the U.S. officials that negotiations were underway to ease the conflict. The denial contradicted earlier remarks, suggesting progress in diplomatic engagement, adding to uncertainty in global markets.
The ongoing conflict has already disrupted energy infrastructure across the region, with reports indicating that dozens of oil and gas facilities have been damaged. Analysts warn that these disruptions could keep prices elevated for an extended period, even if hostilities ease in the near term.
Adding to market volatility are continued military exchanges and attacks on energy assets, which have heightened fears of a prolonged supply crunch. Oil prices have already surged significantly since late February as traders factor in the risk of further escalation.
Energy experts caution that if the disruption to shipping routes persists, prices could spike even higher, potentially exceeding previous record levels. The uncertainty surrounding diplomatic efforts and the ongoing damage to infrastructure continue to weigh heavily on global energy markets.
The developments underscore the fragile state of global oil supply chains, with markets reacting swiftly to both geopolitical tensions and conflicting signals on potential negotiations.
A Federal High Court sitting in Kaduna has adjourned the hearing of the bail application of former Kaduna State governor, Nasir El-Rufai, to March 31, 2026, following his arraignment on alleged corruption-related charges.
El-Rufai was on Tuesday brought before the court by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and arraigned before Justice Rilwan M. Aikawa.
During the proceedings, the former governor was docked on one count out of a 10-count charge filed by the anti-graft agency. The charge, according to his counsel, Ubong Akpan, relates to alleged deposits into a domiciliary account and the monetisation of earnings.
El-Rufai was arraigned alongside a co-defendant, Joel Adoga.
Despite pending applications earlier filed before the court, Justice Aikawa proceeded with the arraignment and subsequently adjourned the matter to March 31 to consider all outstanding applications, including the bail request.
No bail application was moved or granted during Tuesday’s session.
Speaking to journalists after the court sitting, Akpan maintained that there was nothing unusual about the proceedings, adding that the defence team was yet to be served with processes relating to other potential charges.
The case is expected to resume on the adjourned date for hearing of the bail application and other pending matters.
The Economic Community of West African States (ECOWAS) has introduced an urgent, coordinated strategy to safeguard food security across West Africa and the Sahel, as global economic disruptions and rising oil prices continue to threaten agricultural production.
The decision followed an extraordinary virtual meeting of ECOWAS Ministers of Agriculture held on March 23, 2026, where regional leaders assessed the growing risks to food systems.
The high-level meeting, convened by the ECOWAS Commission through its Department of Economic Affairs and Agriculture under Commissioner Kalilou Sylla, brought together key regional institutions, development partners, and financial stakeholders.
Participants—including representatives from the West African Economic and Monetary Union and the Permanent Inter-State Committee for Drought Control in the Sahel—reviewed the impact of rising fertiliser costs, driven by global market volatility and increasing energy prices, on agricultural productivity across the region.
Deliberations resulted in the adoption of a medium- to long-term operational framework aimed at strengthening food sovereignty and building resilience within regional food systems.
Key measures outlined in the plan include the immediate establishment of regional agreements to secure strategic fertiliser supplies, as well as the creation of emergency reserves to cushion the effects of future price shocks.
The ministers also approved the introduction of liquidity swap mechanisms through central banks to address foreign exchange constraints faced by importers—an intervention expected to improve access to critical agricultural inputs.
“Our collective response underscores the urgency of safeguarding food security in the face of external shocks,” Sylla said, noting that enhanced regional coordination and targeted interventions would help sustain agricultural production and protect vulnerable populations.
The initiative highlights ECOWAS’ commitment to deepening regional cooperation and implementing sustainable solutions to emerging threats to food security across West Africa and the Sahel.