General News
NIPC in search of N298.3trn to make up N348.7trn to fund NDP
By Imaikop Raphael
Abuja – The Acting Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Emeka Offor, has said that the Commission has put in place a mechanism that would mobilise over N298.3 trillion capital from the private sector to make up the N348.7 trillion needed fund for the National Development Plan (NDP).
Offor stated that the NIPC’s Strategic Plan from 2022 – 2026, validation of the records will give the Commission direction towards a global drive on investment in Nigeria.
The Acting NIPC Boss disclosed this at a media parley on Wednesday in Abuja on the strategic plan of the Commission.
He said: “The work for NIPC in the next five years has been appropriately defined by the National Development Plan 2021 – 2022 (NDP).
“The Plan has projected a capital requirement of N348.7 trillion with 86 per cent (N298.3 trillion) expected to be provided by the private sector.
“Mobilisation of this capital has become the focus of the Commission. It is in this respect that the Commission has begun the process of validating the records of the investment announcements.
“We expect the report from this exercise to give us a further understanding of investors’ readiness to invest in Nigeria”.
Speaking further, the Acting Executive Secretary of the NIPC, said the Commission tracked about 23.30 billion dollars worth of potential investments in the country in 2021, which he said represent 39 per cent more than the value tracked in 2020 (16.74 billion dollars) with Lagos, Bayelsa and Delta states attracting the largest share.
Offor said: “The 2021 Investments Announcement Report indicated that US$23.30 billion was tracked during the year, representing about 39 per cent more than the value tracked in 2020 (US$16.74 billion).
“The increase in value is indicative of the growing adaptation to the global ‘new normal’ after the economic disruption occasioned by the restrictions imposed to check the spread of COVID-19 pandemic. It also indicates the growing confidence of investors in the efforts to improve the national investment landscape.
“The top 5 states, by the value of investments, are Lagos State (US$8.7 billion), Bayelsa State (US$3.6 billion), Delta State (US$2.9 billion), Akwa Ibom State (US$2 billion), and Adamawa State (US$1 billion).
“The manufacturing sector had the highest number of projects (20) as well as the highest value, US$10.5 billion (45%). Construction (16 per cent), electricity, gas, steam and air conditioning supply (13 per cent), information and communication (12%), and mining and quarrying (9 per cent) made up the top 5 sectors for the year.”
Offor also said that the Federal Government is considering the review of the Pioneer Status Incentive (PDI) under the Industrial Development (Income Tax Relief) Act in order to attract more investors to the country.
Pioneer Status Incentive (PSI) is an incentive from the Federal Government which exempts companies from basic income tax.
The incentive is also known as tax holiday and it is generally regarded as an industrial measure aimed at stimulating investments into the economy.
This means the companies with pioneer status do not have to pay tax for a certain period of time allowing the company to get established. This tax exemption can be full or partial.
General News
Nigerian Anglicans Condemn Lesbian Archbishop of Wales, Deepening Global Anglican Rift

…Church leaders accuse Welsh counterparts of “spiritual decadence” and “abandonment of faith”
The Church of Nigeria (Anglican Communion) has issued a forceful condemnation of the election of Rt. Rev. Cherry Vann, an openly lesbian cleric, as the Archbishop of Wales. The move is the latest in a series of developments that have deepened divisions within the global Anglican Communion over sexuality and doctrine.
In a statement from Primate The Most Rev’d Henry Ndukuba, the church denounced the election as a “serious departure from biblical teaching” and a sign of “spiritual decadence” and “an outright abandonment of the faith once delivered to the saints.”
Archbishop Ndukuba warned that Bishop Vann’s elevation compromises the Anglican Church’s global mission and could obstruct evangelism. He compared the situation to the controversial tenure of Most Rev. Katherine Jefferts Schori, former Presiding Bishop of the U.S. Episcopal Church, who also faced intense criticism from conservative Anglicans for her progressive views.
The Primate accused Bishop Vann of being complicit in the “ongoing crisis” around same-sex issues, stating that the election is a “clear revelation that many who claim to be members of the body of Christ cannot endure sound doctrine” (2 Timothy 4:3–4).
The Church of Nigeria called on Anglicans worldwide to reject “rebels” and “apostates” and to instead support conservative bodies like the Global Anglican Future Conference (GAFCON).
“The Church of Nigeria (Anglican Communion) condemns, unequivocally rejects, and will not recognize the election of Rt. Rev. Cherry Vann as Archbishop of Wales,” Ndukuba declared. He concluded with a solemn warning that without repentance, the Church in Wales risks losing “complete relevance” and its leaders will face judgment.
General News
Anglican Church Urges Government To Prioritize Citizen Welfare

The Primate of the Church of Nigeria Anglican Communion, Most Reverend Henry Ndukuba, has called on political leaders to prioritize the welfare of citizens.
During a recent church service in Abuja, Ndukuba noted that many Nigerians are struggling with challenges brought on by the global economic downturn. He urged state and local governments to implement new initiatives to lessen the impact on their communities.
The Primate also stressed that the federal government must effectively monitor its programs to ensure that Nigerians fully benefit from the nation’s democratic gains. He argued that if the current administration can effectively tackle corruption, the country would significantly benefit from the economic policies of President Tinubu’s government.
Ndukuba concluded by asking the congregation to continue praying for those in authority, remain committed to national unity, and show love and support for the less privileged. He also tasked the newly inducted members of the Church Mothers’ Guild with aggressively spreading the gospel.
General News
Hardship: A Veil Of Sorcery And Darkness Over Nigeria – Pastor Enenche”

Senior Pastor of Dunamis International Gospel Centre, Dr. Paul Enenche, has expressed deep concern about the current situation in Nigeria.
Enenche stated that the nation is under an evil spell due to the economic hardship affecting the country. He described Nigeria as being covered by a “blanket of sorcery and darkness,” leading many citizens to endure poverty and hardship in silence.
“There’s a blanket of sorcery and darkness over this nation—an evil spell making people tolerate what should provoke outrage,” he wrote.
In a post on his official X account on Thursday, the cleric highlighted the economic struggles faced by many Nigerians, noting that an increasing number of church members now line up after services not for spiritual counselling or prayer, but to help with basic needs such as rent, school fees, food, and medical bills.
“People are suffering. Pastors are exhausted. Members now queue after service not for prayer, but for assistance,” he lamented.
He also criticised political leaders for their insensitivity and failure to address the dire situation across the country.
“Yet, the leaders act as though nothing is wrong. This is not normal—it is witchcraft. It is a spell of patience in captivity, leading to a demonic tolerance of suffering.”
Calling for divine intervention, Enenche declared, “Let every evil spell over this land be broken! Let those misruling with arrogance and mocking the people’s pain face divine judgment. They shall not see the celebration of their wickedness.”