TROOPS ARREST SUSPECTED KIDNAPPER, RECOVER AK-47 RIFLE ALONG BENIN–SAPELE ROAD. (PHOTO). #PRESS RELEASE

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 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...
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WHAT VP OSINBAJO SAID ON THE SIGNING OF THE AFRICA FREE TRADE ACT AT THE FINANCIAL TIMES SUMMIT,DEBUNKING A NEWSPAPER HEADLINE.#PRESS RELEASE.

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    Our attention has been drawn to a misleading newspaper headline stating that, “Signing the AfCTA will hurt Nigeria’s private sector, Osinbajo says”.
This newspaper headline is unsupported and wrongly alluded from the keynote interview Vice President Yemi Osinbajo, SAN, had with David Pilling (Africa Editor, Financial Times), at the Financial Times Nigeria Summit at the Eko Hotels & Suites, Lagos State, on Thursday, 31st May, 2018.
What VP Osinbajo said at the Financial Times Nigeria summit was that further official consultations needed to be done with the private sector.
He also noted that the President sought to hold proper consultations and necessary engagements to the satisfaction of the private sector.
Below are excerpts from the interview.
Q: Why hasn’t Nigeria signed the African Free Trade Agreement yet?
Vice President: I don’t think the question is whether we would not sign, I think what we would sign is probably a more important thing for us; what would we sign, what sort of negotiations would go on?
Nigeria has one of the most vibrant private sectors. Manufacturers associations, in particular, and several others felt that we shouldn't go into this without further consultations, and we wanted to know exactly what specifically in terms of negotiations that will follow the signing of the framework. And it was the President’s opinion that it would be much wiser for us to suspend the signing until all of those engagements had been done to the satisfaction of the private sector. We work very closely with the private sector in practically everything that we have done.
For us, it is important to sit back, take a look at those negotiations first before heading into the framework, which is really what we are doing at the moment. So, where we are is that we are looking at the nitty gritty and we are trying to be sure how it is going to play for our private sector people, for industry, for trade, etc. We are not saying we are going to renegotiate the framework; the framework is already there. Our greater concern is for the specifics. And we are at a point where before we go into that, we will certainly make sure that we are happy with the terms and conditions.
Released by:
Laolu Akande
Senior Special Assistant to the President on Media and Publicity
Office of the Vice President   
4th June, 2018
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