TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE
TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD Troops of 4 Brigade Nigerian Army, Operation WABAIZIGAN, have arrested a suspected kidnapper and recovered an AK-47 rifle and ammunition during a targeted operation along the Benin–Sapele Road in Ikpoba-Okha LGA of Edo State. The suspect, identified as Olamide Oyeniyi, was arrested on 12 September 2026 at Obaretin Community by troops conducting operations to disrupt criminal activities and safeguard major transportation routes within the area. Items recovered from the suspect include one AK-47 rifle, one magazine and eight rounds of 7.62mm Special ammunition. Other items recovered are one Tecno mobile phone, two bags, one torchlight, one music box and assorted charms. The suspect and recovered items are currently in troops’ custody for further investigation, while efforts are ongoing to establish his links to other criminal elements and determine his possible involvement in kidnapping and related activi...
According to Vanguard,European Union {EU} offcial Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession.Amato,Councellor,Head of Trade and Economic Section of EU,made this known in an interview with newsmen today Monday The EU official said that recession could not be addressed with traditional development tools.He said the recession was a recent development which was due to a number of factors,including the fall in oil prices and resurgence of militncy in the Niger Delta.''To come out of recession,the country has to take brave decisions,regardless of how unpopular they may be such as fully and effectively devaluing the Naira.Devaluing the Naira is a measure,which will finally reassure investors and attract new capitals to the country.At the same time,it will further reduce imports,thereby removing artificial forex restrictions,and removing any potential waste of scarce resources such as the fuel subsidy.Improving security {in the Northeast and Niger-delta} and ease of doing business are also key factors on which the government must urgently work to re-launch the economy,'' he said.Amato said that EU had been at the forefront of aid for trade support activities in Nigeria and ECOWAS.He said the most important programme the EU was implementing in Nigeria with its partners-GIZ,DFID/Adam Smith International and UNIDO-was the Nigeria competitiveness Support Programme.''The programme aims at improving the quality of Nigeria products to comply with international standards.The programme is providing capacity building to several Ministries,Departments and Agencies such as Ministry of Agriculture,Standards Organisation of Nigeria,Consumer Protection Council,Nigerian Customs Services and NADFAC.We support the trade institutions in the formulation and implementation of a sound trade policy {support to the Federal Minister of Industry,Trade & Investment,and Nigerian Customs Service}.This is to improve the business environment,with pilot projects in Kano and Kaduna to improve the procedures for obtaining land titles,and business licences,'' he said.
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