NAF SUSTAINS HIGH-TEMPO AIR OPERATIONS, DESTROYS TERRORIST HIDEOUTS IN SOUTHERN TUMBUNS. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE NAF SUSTAINS HIGH-TEMPO AIR OPERATIONS, DESTROYS TERRORIST HIDEOUTS IN SOUTHERN TUMBUNS The Nigerian Air Force (NAF), through the Air Component of Operation HADIN KAI, sustained operational pressure on terrorist elements with a precision air interdiction mission conducted on 24 April 2026 at about 1850 hours over Ali Sheriffti, a known terrorist enclave in the Southern Tumbuns. Acting on credible intelligence of terrorist activity, NAF air assets conducted a focused surveillance sweep, during which several insurgents were sighted moving along concealed tracks. The targets were trailed to structures hidden under dense foliage, confirming deliberate attempts at concealment. Following positive identification, the NAF executed a precise strike, engaging the structures with onboard munitions. The operation achieved the desired effect, with terrorist structures destroyed, further degrading their capability and freedom of movement in the area. The strike underscores NAF’s s...
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AGF DENIES FG'S INVOLVEMENT IN FIRST HOLDCO SHARE ACQUISITION. (PHOTO). #PRESS RELEASE.

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STATEHOUSE PRESS RELEASE


AGF denies FG's involvement in First Holdco Share Acquisition


We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First Holdco) shares were transferred to the Federal Government of Nigeria's (FGN) trustee. 


The report is inaccurate, misleading, resentful and malicious.


Neither the Federal Government of Nigeria nor the Attorney General of the Federation and Minister of Justice participated in acquiring the shares in question. 


The Office of the Attorney General of the Federation and Minister of Justice debunks this falsehood to prevent confusion or misconceptions about First Holdco's ownership and governance. 


The circumstances surrounding the shareholding structure are distinct from any government involvement. 


However,  it is aware of a trustee set up by the First Holdco, with the CBN approving Stanbic IBTC to oversee it as a third party. 


We urge the media to exercise restraint, professionalism, and due diligence in carrying out their duties to avoid violating the law.


We assure the public of continuous commitment to the promotion of the Rule of Law, Justice, equity, accountability, transparency and service to the nation by the administration of President Bola Ahmed Tinubu.


Kamarudeen Ogundele,

S A to the President on Communication and Publicity,

Office of the Attorney General of the Federation and Minister of Justice 

July 18, 2025

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