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...

IMF URGES FG TO COMPLETE CASH TRANSFERS TO VULNERABLE NIGERIANS.(PHOTO).


 IMF Urges FG to Complete Cash Transfers to Vulnerable Nigerians


The International Monetary Fund (IMF) has urged the Nigerian government to fast-track the completion of its cash transfer programme to support vulnerable households amid ongoing economic reforms. IMF Communications Director, Julie Kozack, emphasized that while Nigeria's efforts to stabilize its economy are commendable, policies must also protect the country’s poorest citizens.


IMF’s First Deputy Managing Director, Gita Gopinath, recently visited Nigeria and met with key officials, including Finance Minister Wale Edun and CBN Governor Yemi Cardoso. She also engaged with civil society groups and private sector stakeholders.


IMF representatives will return next week for the 2025 Article IV Consultation, an assessment of Nigeria’s economic policies. The Fund has consistently urged Nigeria to expand its cash transfer programme, particularly in rural areas, to alleviate rising poverty and food insecurity. Similarly, the World Bank has stressed that cash transfers are crucial in helping Nigerians escape poverty amid inflation and weak economic growth.

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